Strong growth for Yili's NZ operations
Chinese dairy giant Yili Group says its New Zealand operations are on track for strong revenue growth in 2025 after recording significant year-on-year growth for the first half of the year.
Former Fonterra executive Alex Turnbull has been appointed CEO to lead all five Yili Oceania Business Division companies in New Zealand.
Turnbull heads Westland Milk Products, Oceania Dairy, Canary, EasiYo and Pure Nutrition.
He will report to the director of the Yili Oceania Business Division of Yili in New Zealand, Zhiqiang Li.
Li says Turnbull’s strong track record across New Zealand dairy and food sectors made him the ideal candidate to build further on the global gains made by Yili’s New Zealand companies in recent years.
“Yili’s investment in our high-value strategy is continuing to reap dividends with extra production capacity in the high-value protein and fats categories leading to increased global sales.”
Former Fonterra executive Alex Turnbull has been appointed CEO to lead all five Yili Oceania Business Division companies in New Zealand.
Fonterra executive René Dedoncker is leaving the co-operative later this year to lead Australian agribusiness Elders.
Alliance Group and the Southland Stags rugby team have joined forces in a partnership that will see the the meat co-operative's farmgate brand feature on players' team kits and replica jerseys.
Fonterra's plan to expand its organic programme to the South Island is being well received by farmers, the co-op says.
Voting has started for the renewal of DairyNZ's milksolids levy.
The most successful catchment groups in NZ are those that have 'a source to sea' approach.