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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.
Fonterra phases out A2 Milk in favour of lactose-free dairy
New Zealand dairy cooperative Fonterra has said it will discontinue the production of its Anchor A2 milk and organic milk offerings for local consumers.
A2 Milk buys New Zealand formula plant to boost presence in China
A2 Milk Company Limited has acquired a nutritional manufacturing facility in New Zealand for NZ 282m, a move aimed at expanding its footprint in the lucrative Chinese market.
