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The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

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New Zealand
Synlait secures £137.6m refinancing package and new shareholder loan to strengthen balance sheet

Synlait secures £137.6m refinancing package and new shareholder loan to strengthen balance sheet

Dairy processor Synlait Milk has finalised documentation for a NZ$320 million (approx. £137.6 million) bank refinancing package.

Fonterra innovation chief Komal Mistry-Mehta to depart after 15 years

Fonterra innovation chief Komal Mistry-Mehta to depart after 15 years

Fonterra Co-operative Group has announced that chief innovation and brand officer Komal Mistry-Mehta will leave the business in October 2026.

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.

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