New Zealand’s packaging supplier Grounded gets backing from Impact Investment Fund

NEW ZEALAND – Grounded, an Auckland-based sustainable packaging supplier has received an undisclosed investment form Impact Enterprise Fund, New Zealand’s first impact investing fund. Grounded supplies a range of sustainably sourced packaging, including pouches and […]

Fonterra is making good progress towards achieving new strategy, says CEO Miles Hurrell

NEW ZEALAND – In September this year, New Zealand dairy co-operative, Fonterra unveiled a new operating model and organization strategy introducing a new customer-led operating model in a bid to drive profitability. After nearly three […]

Fonterra releases annual sustainability report highlighting progress towards 2030 ambitions

NEW ZEALAND – Fonterra has published its 2019 sustainability report, highlighting the dairy co-operative’s major strides towards fostering a sustainable future in areas of energy, carbon emissions and health. In the report, the dairy processor […]

DSM opens newly upgraded facility in New Zealand

NEW ZEALAND – Royal DSM has opened its newly upgraded facility in Auckland, New Zealand that will be producing nutritional compounds for a wide range of segments including early life nutrition, F&Bs, sports nutrition and […]

Unilever reviews its Australia and New Zealand ice cream business unit

AUSTRALIA – Unilever has announced an extensive review of its Australia and New Zealand ice cream business unit as the company seeks to cushion the business from volatility in the ice cream market. The company […]

Synlait to acquire New Zealand company Dairyworks for US$71m

NEW ZEALAND – The Canterbury-headquarter dairy company, Synlait has secured a deal to acquire New Zealand-based Dairyworks for NZD112 million (US$71.1 million) to support its expansion in Australia. Based in Christchurch – South Canterbury, Dairyworks […]

Fonterra partners with By-Health to bolster research on nutritional solutions

CHINA – New Zealand dairy cooperative Fonterra has entered into a strategic research and development partnership with global vitamin and dietary supplements enterprise, By-Health. The companies will focus on developing nutritional solutions for the health […]

Arla Foods chief financial officer Natalie Knight to step down

DENMARK – Arla Foods has announced that Natalie Knight, the company’s chief financial officer will be leaving the company on 29 February 2020. Natalie, who joined Arla Foods in January 2016, will be leaving the […]

Arla Foods adopts science based targets to accelerate sustainability agenda

NEW ZEALAND – Farmer owned dairy cooperative, Arla Foods’ target to reduce total CO2 emissions with 30 per cent by 2030 has been officially approved by the Science Based Target initiative as aligned with climate […]