Fonterra selects HCL Technologies for IT infrastructure transformation

NEW ZEALAND – New Zealand dairy co-operative, Fonterra has partnered with global technology company, HCL Technologies to modernise and manage the entire technology infrastructure Fonterra employees around the world use every day. The multi-year partnership […]

New Zealand’s co-operative Alliance Group acquires minority stake in India partner

NEW ZEALAND – Alliance Group, a New Zealand farmer-owned co-operative has acquired 10.4% stake in its India partner QualityNZ, which supplies New Zealand’s products such as red meat, seafood and wine to India. Alliance Group […]

Fonterra transitions into more sustainable energy at the Te Awamutu site

NEW ZEALAND – New Zealand’s leading dairy processor, Fonterra has announced that its Te Awamutu site, located in the Waikato region, North Island of the country will stop using coal starting next season. The farmer […]

Fonterra sells stake in joint venture DFE Pharma for US$361.8m

NEW ZEALAND – Fonterra has completed the sale of its 50% stake in the joint venture company it formed with Royal FrieslandCampina, DFE Pharma to CVC Strategic Opportunities II for NZD554 million (US$361.83m). The company […]

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 […]