5 stories in this topic
Fonterra, the New Zealand-based co-operative, has announced that it is on the cusp of finalising the sale of its Mainland consumer business. As of now, the deal has met all the necessary conditions and is set to conclude within the current month. Regulatory…
Lactalis Australia has recently introduced two novel tastes to their high-protein dairy line, Pauls. The fresh offerings, Double Espresso Caramel and Summer Berries, add an exciting twist for consumers. The introduction of Double Espresso Caramel and Summer…
Fonterra’s farmer shareholders have granted approval for the company’s proposal to divest its consumer products division. The Mainland Group and its associated businesses are set to be sold to Lactalis for a sum of $4.22 billion. High Support for Divestment A…
Fonterra, a leading dairy company, has announced it is selling its global Consumer and associated businesses to French dairy enterprise, Lactalis. The transaction is valued at NZ$3.845 billion ($3.48 billion). Details of the Sale The sale incorporates…
Fonterra has successfully settled its disagreement with the Bega Group over Bega licenses in Australia. This settlement followed Fonterra’s decision to divest its consumer business to Lactalis, a French dairy conglomerate. Fonterra’s Divestment to Lactalis…