Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
Australia’s competition regulator has raised concerns about a proposed CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canada’s Saputo, saying that the transaction would lead to lower prices being paid to ...
New Zealand-based Fonterra has announced its plan to further expand its Waitoa UHT site to meet the growing demand for its products. The site currently has production capacity of more than 80,000 cartons of UHT milk and cream every hour. ...
Dairy giant Fonterra has announced to invest $240m to build a new mozzarella plant at its Clandeboye site in South Canterbury, New Zealand. The expansion is expected to double the co-operative’s capacity to produce its individually ...
Tags: Fonterra, Mozzarella Plant
Fonterra has pledged support to the New Zealand Ministry of Health’s Healthy Kids’ Industry Pledge which aims to help reduce rates of obesity in children in New Zealand. Fonterra’s Chief Operating Officer of Global ...
Tags: Fonterra, nutritious milk
New Zealand-based dairy co-operative Fonterra has diversified its product portfolio, as consumer preferences across the world take new directions. The dairy giant said that the markets across wider Asia and the Middle East start to define ...
The company has confirmed all of its staff in New Zealand are safe following the earthquake overnight and there is no major damage to any of its manufacturing sites. It does expect some milk collection disruption due to road closures and ...
Tags: Fonterra, earthquake
The Australian Competition and Consumer Commission (ACCC) will launch an inquiry to look into competition and fair trading aspects in the dairy industry. Its dairy industry inquiry will investigate competition among milk processors, ...
Tags: Dairy Industry, Watchdog
The first major shipment of mascarpone from Fonterra is set to sail for Japan in January 2017. The recently commissioned mascarpone line at the Co-operative’s Te Rapa site brings a new offering to Fonterra’s already strong ...
Tags: Mascarpone, Fonterra
GEA, which supplies processing technology for dairy and food industry, has installed a high performance spray dryer at the new milk powder facility in Lichfield, New Zealand. The spray dryer has been developed for GEA's customer Fonterra. ...
Tags: Milk Powder, dairy
Fonterra is conducting an internal investigation into the milk powder scandal that broke out in China relating to sale of its expired products. Around 300 tonnes of Fonterra’s expired milk powder were found to be sold in China ...
Tags: Fonterra, Milk Powder
Fonterra’s Anchor Uno now contains the lowest levels of sugar (per 100 grams) in any kids’ yoghurt brand in New Zealand, with 40 per cent less sugar than the original Uno formulation. Good nutrition is important for growing ...
Tags: Fonterra, Anchor Uno, kids'yoghurt
Dairy co-operative Fonterra has commissioned a new dryer at its Lichfield’s site in South Waikato, New Zealand. The 30 metric tonne dryer can process an additional 4.4 million litres of milk each day into milk powder which Fonterra ...
Tags: Fonterra, new dryer, milk powder plant
Fonterra has announced that it will invest $6.2m to expand the coolroom of its Cobden Spreads plant in Australia. The expansion will increase storage capacity of butters and spreads after production, allowing the storage of more products ...
Tags: Fonterra, Cobden Spreads plant, investment
Bega Cheese has announced a reduction in its opening farm gate milk prices for the 2016/17 financial year. The dairy company will pay approximately 11 per cent lower across all its supply regions. This equates to a Victoria farm gate milk ...
Tags: Bega Cheese, ASX, milk prices