Fonterra eyes either sale or IPO of consumer business
Fonterra has updated its plan to divest its global consumer business and integrated businesses, Fonterra Oceania and Fonterra Sri Lanka.
OPINION: Australian dairy is bracing for the retirement of an iconic dairy brand.
Saputo Dairy Australia (SDA) announced last year the retirement of its King Island Dairy brand, after being unable to find a buyer for the 132-year-old brand and its current facility.
Over the past year, SDA has sought to maximise value for the business looking for commercial and financial alternatives for King Island Dairy, including a potential sale to a third party. The business employs 58 people and is the single biggest employer on the island which only has a population of 1,600.
Is this a good omen for Fonterra as it tries to sell off its Australian consumer business that includes some of the top dairy brands across the ditch?
An innovative dairy effluent management system is being designed to help farmers improve on-farm effluent practices and reduce environmental impact.
Maori farms from Northland and Northern Hawkes Bay are the finalists in this year’s prestigious Ahuwhenua Trophy competition for the top Maori sheep and beef farm.
The supreme dairy exhibit at the New Zealand Dairy Event (NZDE) has a close family link to a cow who has won the same title three times.
Fonterra has updated its plan to divest its global consumer business and integrated businesses, Fonterra Oceania and Fonterra Sri Lanka.
Fonterra has announced new financial incentives for farmers who achieve on-farm emissions targets.
OPINION: The farming sector, or at least some parts of it, are preparing for a battle with the Government over its latest international climate change target.
OPINION: Australian dairy is bracing for the retirement of an iconic dairy brand.
OPINION: Another sign that the plant-based dairy fallacy is unravelling and that nothing beats dairy-based products.