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Fonterra to sell global consumer, Oceania, Sri Lanka, businesses

Dairy co-op’s $3.3b turnover consumer business includes Anchor, Mainland, and Kāpiti brands.

Fonterra said it would focus on core business, producing high-value, innovative dairy ingredients and food service products.

Liam Rātana Thu, 16 May 2024

New Zealand-based global dairy giant Fonterra has announced it is exploring options to divest part or all of its global consumer business, including its operations in Oceania and Sri Lanka.

Fonterra’s global consumer business represents about 19% of the company’s group operating earnings and 7%

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Liam Rātana Thu, 16 May 2024
Contact the Writer: liam@nbr.co.nz
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Fonterra to sell global consumer, Oceania, Sri Lanka, businesses
Investment,
104070
true