Fonterra raises EPS outlook, launches roadshow for consumer unit disposal
Fonterra has raised its full-year EPS guidance as the New Zealand-based dairy giant kicks off a marketing exercise for the…
Fonterra
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Big Food’s stake in the future – in-house venture-capital funds’ investments
For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But…
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Nestlé, Mars to help fund Fonterra emissions push
Nestlé and Mars are to work with Fonterra on giving the dairy giant’s farmer members support to cut emissions. The…
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Tussling over targets: corporates’ ESG changes spark debate
Before Christmas, The Coca‑Cola Company announced updated voluntary environmental goals “with the aim of delivering on the company’s purpose to…
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Fonterra eyes trade sale or IPO as options for consumer business
Fonterra is proceeding with the disposal of its consumer-facing dairy business, with an IPO or sale to a trade buyer…
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Fonterra to build new cream plant, create 70 jobs
New Zealand’s Fonterra is set to invest NZ$150m ($92.8m) to build a new ultra heat treated (UHT) cream plant in…
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Fonterra lifts farmgate milk price on commodity boost
Dairy co-op Fonterra today (23 August) raised its forecast on farmgate milk process on the back of stronger commodity prices.…
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Australian dairy group AHF appoints Mahinthan Sundaranathan as CEO
Australian Dairy Nutritionals (AHF) has appointed experienced dairy industry man Mahinthan ‘Mahi’ Sundaranathan as its new CEO a day after…
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Fonterra puts consumer business on chopping block to focus on ingredients
Fonterra plans to exit its consumer-facing business to focus on ingredients in what the dairy co-op described as a “step-change…
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Fonterra sells stake in Lithuanian dairy group Rokiškio Sūris
Fonterra has agreed to sell its minority stake in Lithuanian dairy business Rokiškio Sūris as part of its “strategic long-term…