French dairy major Danone has commenced legal proceedings against New Zealand-based dairy co-operative Fonterra over losses from the recent whey protein concentrate (WPC80) contamination scare. The company has initiated proceedings in the ...
New Zealand-based dairy giant Fonterra and Swiss food major Nestle have opened a new dairy distribution facility in Araras, Brazil, with an investment of NZ$45m. The facility was set up through the companies' South American joint venture ...
Tags: Fonterra, Nestle, Dairy Distribution
The New Zealand Government has released a report on the first stage of the Government inquiry into the Fonterra Whey Protein Concentrate (WPC) incident and has said the Government accepts in principle all 29 recommendations. Background to ...
Tags: Agriculture, Food
Fonterra has received approval from it board of directors to establish a NZ$235m milk powder plant at its Pahiatua site in the Manawatu, which will enable it to process an additional 2.4 million liters each day. The announcement follows ...
Tags: Agriculture, Food, milk, milk powder
Fonterra, a New Zealand-based dairy co-operative, has said that it could face a legal challenge from French dairy major Danone over an infant formula contamination scare. The company had discovered a potentially fatal ingredient in a ...
Tags: Agriculture, Food, dairy
Fonterra, a dairy co-operative in New Zealand, has increased its stake to 9.06% in Australian dairy firm Bega Cheese. The co-operative said in a statement to the Australian Securities Exchange that it has purchased an additional three ...
Tags: Fonterra, Bega Cheese
Fonterra, a New Zealand-based dairy co-operative, has backed a new dairy cooperation agreement between the governments of New Zealand and Sri Lanka. Under the agreement, Fonterra along with the New Zealand government is expected to boost ...
Tags: Fonterra, Dairy Investment
Fonterra, a dairy co-operative in New Zealand, has purchased a 6% stake in Australian dairy firm Bega Cheese for A$46m. As per the deal, the New Zealand co-operative purchased 9.3 million shares at AUD4.95 per share. Fonterra CEO Theo ...
Tags: Fonterra, Bega Cheese
The Australian Competition and Consumer Commission will not oppose the proposed acquisition of Warrnambool Cheese and Butter Factory Company Holdings Limited by Bega Cheese Limited. The ACCC has reviewed the proposed acquisition at Bega's ...
Tags: Cheese, Agriculture, Food, Service, customs
The board-commissioned inquiry committee at New Zealand dairy co-operative Fonterra has announced findings of the WPC80 precautionary recall. Led by a legal team from Chapman Tripp and two independent experts, the inquiry team has ...
Tags: Agriculture, Food
Fonterra, a New Zealand-based dairy co-operative, plans to introduce baby milk formula in China, with a pilot project already beginning in the city of Guangzhou. The nationwide sale of Anmum-brand infant milk powder is expected to begin ...
Tags: Agriculture, Food, milk
Fonterra, a dairy co-operative in New Zealand, plans a N$72m ($60.72m) expansion project at its mozzarella plant in Clandeboye, Canterbury, aimed at strengthening its global foodservice capabilities. The foodservice segment includes full ...
Tags: Fonterra, Canterbury Plant
Fonterra, a New Zealand-based dairy co-operative, is in talks with French food manufacturer Danone to resolve a dispute following the whey protein concentrate precautionary recall initiated in August 2013. The recall of infant milk ...
Tags: Fonterra, Agriculture
Hong Kong has had enough of mainland mothers emptying the region's shelves of imported baby formula. The government there will fine people up to US$64,000 and potentially throw them in jail for up to two years if they're caught carrying too ...
Tags: Foreign Dairy, baby formula
Fonterra, a New Zealand-based dairy firm, is stepping towards the launch of its own branded milk formula in China, following the recent allegations that its products contained botulism-causing bacteria. Fonterra CEO Theo Spierings was ...
Tags: Fonterra, Milk Formula