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New Zealand
Green Boy bets on leaf protein with investment in start-up Fudi Protein

Green Boy bets on leaf protein with investment in start-up Fudi Protein

Green Boy Group has led an early-stage investment in Fudi Protein, a US-based start-up producing alt-protein ingredients from alfalfa.

Fonterra completes mainland group sale to Lactalis

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.

McCain to close New Zealand vegetable processing plant

McCain to close New Zealand vegetable processing plant

McCain Foods has confirmed plans to close its Hastings vegetable processing facility in New Zealand.

Fonterra secures farmer backing for capital return linked to mainland divestment

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 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

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.

New Zealand farmer Michelle Pye elected to Fonterra board

New Zealand farmer Michelle Pye elected to Fonterra board

Fonterra shareholders have voted to elect Michelle Pye to the board, marking her entry into a leadership role at the region's largest dairy exporters.

Fonterra invests $45m in Clandeboye site to expand butter production

Fonterra invests $45m in Clandeboye site to expand butter production

Dairy giant Fonterra has announced a $75 million investment to expand butter production at its Clandeboye site in South Canterbury, New Zealand.

Synlait to sell North Island assets to Abbott for $178m

Synlait to sell North Island assets to Abbott for $178m

New Zealand dairy group Synlait Milk has agreed to sell its North Island operations to the local unit of US healthcare company Abbott Laboratories.

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