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Fonterra completes mainland group sale to Lactalis
New Zealand dairy giant Fonterra Co-operative Group has completed the sale of its global consumer and associated businesses, collectively known as Mainland Group, to French dairy multinational Lactalis.
Fonterra secures farmer backing for capital return linked to mainland divestment
Farmer shareholders of dairy co-op Fonterra have overwhelmingly approved a capital return plan tied to the proposed sale of its global consumer business.
Yili Group appoints Alex Turnbull as CEO of five New Zealand companies
Yili Group has appointed Alex Turnbull as CEO to lead its five New Zealand companies: Westland Milk Products, Oceania Dairy, Canary, EasiYo and Pure Nutrition.
Fonterra begins $45m butter plant expansion as it shifts to higher-value dairy products
The Clandeboye expansion, first announced in October 2025, will add a new butter line, increasing capacity and enabling the site to produce a range of butter formats.