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OPINION: The world's largest dairy company Lactalis has parted ways with its chief executive.
The Lactalis group announced the departure of managing director Philippe Palazzi, who took office just a year ago. And they were not hiding the reason for his sudden exit.
"As the conditions for alignment with the Group's strategy could not be met, Emmanuel Bensler, Chairman of the Lactalis group, and Philippe Palazzi, Chief Executive Officer, are ending their collaboration as of February 3, 2022", explains the group in a press release.
Media reports say the two men couldn't agree about their visions for 2033, the date on which Lactalis will celebrate its 100th anniversary.
One of Fonterra's largest milk suppliers says Fonterra's board and management have got what they wanted - a great turnout and a positive signal from shareholders on the sale of its co-operative's consumer and related business.
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
Fonterra shareholders are being urged to deliver a strong and clear mandate on the proposed $4.22 billion sale of consumer and related businesses to Lactalis.
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Engaging, thought provoking speakers, relevant seminars and relatable topics alongside innovative produces and services are the order of the day at the 2026 East Coast Farming Expo.
Farm supplies trader Ruralco has recovered from two consecutive years of losses to post a $1.25 million profit for the 2025 financial year.
Naki Honey, a New Zealand manuka apiary company, has crafted what is believed to be the world's most expensive honey.
OPINION: Wool farmers believe the future of strong wool still holds promise.
Applications are open for Horticulture New Zealand's (HortNZ) 2026 scholarship programme, with 20 funding opportunities available.
OPINION: Farmers are being asked to celebrate a target that changes nothing for the climate, wastes taxpayer money, and ignores real science.
