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Fonterra raises funding to push China operations

Fonterra Co-operative Group Limited, the world’s largest dairy exporter, has announced that it has raised 1.25 billion Chinese renminbi  (approx. AUD 240 million) through...

Fonterra invests $235 million in new milk powder plant

Fonterra announced the Board approval to invest $235 million in a new high-tech, high-efficiency milk powder plant at its Pahiatua site in the Manawatu. According...

Fonterra buys Tasmanian yoghurt producer Tamar Valley Dairy

New Zealand dairy company Fonterra has agreed to purchase Tasmania’s Tamar Valley Dairy, securing the future of the struggling yoghurt manufacturer. According to a report...

Fonterra joins Australia’s cheese war

New Zealand’s Fonterra has successfully negotiated the purchase of 6% stake in Australia’s Bega Cheese Ltd, according to a report from Reuters. The purchase is in...
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