Displaying items by tag: Fonterra
Fonterra nominations open
Fonterra cleared to buy NZDL
Fonterra has gained Commerce Commission clearance to acquire the dairy processing assets of New Zealand Dairies Limited (in receivership). New Zealand Dairies processes raw milk at its Studholme factory near Waimate.
"Comparing the acquisition by Fonterra to the scenario where another bidder would acquire NZDL's assets, the commission is satisfied that the acquisition would not be likely to result in a substantial lessening of competition," says Commerce Commission chair Dr Mark Berry.
High dollar curbs dairy payout
Fonterra welcomes milk price report
Fonterra has welcomed the Commerce Commission's release of its final report on the dry run review of how Fonterra sets its farm gate milk price.
Last quarter Fonterra’s biggest ever
Fonterra's record end-of-season quarter has been the cooperative's biggest ever May, June, and July – with 620,000 metric tonnes of dairy products loaded on ships for export to over 100 markets around the world.
Darfield rolls into action
The first whole milk powder has rolled off the processing line at Fonterra's new $200 million manufacturing site near Darfield in Canterbury and are bound for South East Asia, China and the Middle East.
Fonterra upgrades fleet
TAF passes political hurdle but more jumps yet to come
A SHARE trading scheme for Fonterra farmers has passed the parliamentary hurdle. However, some farmers are unhappy with the Government’s refusal to put a legislative cap on the co-op’s proposed shareholders fund.
Feds saddened by Armer’s exit
Federated Farmers Dairy chairman Willy Leferink is saddened by Colin Armer's exit from Fonterra board.
Armer resignation ‘disappointing’
Fonterra chairman, Henry van der Heyden says while the co-op is disappointed with Colin Armer's resignation, it respects his decision.