Fonterra partners with a2 Milk to increase supply of a2MC products

NEW ZEALAND - Fonterra and a2 Milk company have entered into a strategic partnership that will enable Fonterra and its farmers source an a2 milk pool to increase production of a2MC products across New Zealand and also, Australia. They intend to expand the scope of the program in one way to meet the growing demand…

Fonterra partners with Alibaba to launch milk products in China

NEW ZEALAND – New Zealand’s leading dairy Fonterra, has launched a new fresh milk product in China in partnership with Alibaba’s retail arm Hema Fresh as it plans to rapidly expand with the retailer across China. According to the company, the new product Daily Fresh will be sourced from Fonterra’s farm hub in Hebei province…

Fonterra CEO Theo Spierings to chair global dairy body

NEW ZEALAND – Global Dairy Platform, which leads the development of a collaborative, unified approach on common industry issues and the nurturing of innovative research in the dairy industry, has appointed Fonterra CEO Theo Spierings as new chairman of the body, effective 16 November. According to Fonterra, Mr. Spierings said he was pleased to be…

Fonterra commits to eliminate greenhouse gas emissions by 2050

NEW ZEALAND - Fonterra has partnered with the New Zealand government  to reduce greenhouse gas emissions to zero by 2050, with a 30% reduction by 2030 from a 2015 baseline. According to the company, the partnership was an example of how the private and public sectors could work together to accelerate New Zealand’s transition to…

Fonterra reports 67% growth during China Double 11 date

CHINA – Fonterra has achieved another strong result through China’s Double 11 sales period – the world’s largest shopping event – with sales of more than US$15million across the Anchor, Anmum and Anlene brands, and an increase of 67% on last year. According to the company, the sales of Anchor UHT milk were particularly strong…

Fonterra acquires stake in Lithuania’s biggest dairy

LITHUANIA - Fonterra Co-operative Group has acquired a 10% shareholding AB Rokiskio Suris, deepening a long-standing commercial agreement with Lithuania’s biggest dairy producer, In the deal, Fonterra has invested US$8.2 million in Rokiskio to secure a supply line of high-value whey ingredients while opening up product options across Europe and the Middle East. According to…

Fonterra acquires stake in US whey concentrate maker

USA – New Zealand dairy co-operative group Fonterra has announced that it is buying a stake in US-based whey protein concentrate and lactose manufacturer Columbia River Technologies, for an undisclosed sum. USA dairy co-operative and dairy producer Threemile Canyon Farms as equal shareholders in Columbia River Technologies, which was originally founded in 2013 as a…

Fonterra invests in Lithuanian dairy producer Rokiskio Suris

LITHUANIA – Fonterra, New Zealand’s dairy company, has invested US$8.26 million in Lithuanian dairy producer Rokiskio Suris, where it has bought more than 3.58 million shares. The investment had been under negotiation for a while, with Rokiskio issuing statement that Fonterra would recover any losses if it withdrew from the planned share issue by November.…

Fonterra Brands launches Anchor Life low fat milk powder in Sri Lanka

SRI LANKA - Fonterra Brands Sri Lanka has launched its latest dairy innovation called Anchor Life low milk powder, specially formulated to focus on heart health and improve consumer life. Anchor Life low milk powder, has plant sterols that help reduce blood cholesterol and provides Omega-3 fatty acids, dietary fibre and vitamins and minerals responsible…