Displaying items by tag: Spierings

FONTERRA HAS entered into an exclusive partnership with UK-based Dairy Crest to market and sell two products for the fast growing global baby food market.

FONTERRA IS maintaining its forecast farmgate milk price at $8.30kg/MS for the 2013/14 season.

FONTERRA HAS BOUGHT a 6% stake in Australian dairy company Bega Cheese Ltd for AUS$46 million (NZ$52m).

Fonterra chief executive Theo Spierings says its precautionary recall was not the result of any one single cause, but the result of a number of separate and unrelated events occurring in an unforeseen sequence.

Fonterra has completed consulting with staff and will cut 300 roles first identified when a review of Support Services began in May.

Fonterra is cutting up to 300 jobs in its New Zealand corporate offices to save about $65 million a year.

Fonterra has announced senior management changes in its Asia Pacific Middle East Africa (APMEA) business unit, including the departure of the existing managing director APMEA and the appointment of a new managing director for Australia.

New Zealand-based Fonterra and Netherlands-based A-ware Food Group have given the green light to develop a new cheese plant and dairy ingredients plant in Heerenveen in the north of the Netherlands.

Fonterra  has confirmed its payout forecast range for the 2012/13 season of $5.90 - $6.00 before retentions for a fully shared up farmer, unchanged from the previous forecast range.

Fonterra Cooperative Ltd says its chief financial officer Jonathan Mason will retire in the next six months and has started an international search to replace him.