Fonterra looking at potential IPO to divest its businesses Firm raises 2024/25 milk price forecast Shares up 2.6% Nov 11 (Reuters) - New Zealand dairy giant Fonterra Co-operative (FCG.NZ), opens ...

NEW Zealand dairy giant Fonterra has completed a new NZ$12m (€5.9m) expansion of its cultured foods plant in Malaysia. The Fonterra Dairymas plant in Kuala Lumpur first opened in 1999 and uses ...

Fonterra announced on Thursday morning its forecast farmgate milk price for the current milk season (2024/2025) was a range of $9.70-$10.30 per kilogram of milk solids, with a midpoint of $10.00 ...

Fonterra will shut a milk powder canning and packaging facility in New Zealand’s North Island as the dairy co-operative readies for a planned divestment of its consumer business. The Canpac site ...

WELLINGTON, New Zealand—Fonterra Cooperative Group Ltd., the world’s biggest dairy exporter, has been tripped up by U.S. bureaucracy. On Monday, the dairy cooperative—made up of 10,500 ...

Why Fonterra is standardising on Microsoft Azure. Microsoft’s announcement in May 2020 that it will establish a data centre region in New Zealand has made the partnership more compelling for Shore.

Fonterra signalled its intention to expand in the Malaysian cultured food market today (27 October) with the unveiling of a NZ$12m (US$8.98m) plant expansion.

Gritty economic realities underpin why Fonterra needs to keep the lion’s share of the milk supply market in the $26 billion dairy industry, says chairman Peter McBride.

Fonterra plans to exit its consumer-facing business to focus on ingredients in what the dairy co-op described as a “step-change in strategic direction”. The New Zealand-headquartered co ...

Auckland, New Zealand-based Fonterra in November last year outlined its plans to explore potential divestment options for Fonterra Oceania and Fonterra Sri Lanka, including a sale and an IPO.

Fonterra Cooperative Group, the world’s biggest dairy exporter, is introducing a greenhouse gas emissions target for its New Zealand farmers, saying its biggest customers and lenders want to see ...

SHAH ALAM: Dairy giant Fonterra Brands (Malaysia) Sdn Bhd has invested another RM20 million to boost capacity by upgrading its plant in Shah Alam, said managing director Jose Miguel Porraz Lando.