by Freshagenda | Jan 29, 2026 | Global, News
Fonterra’s sale of Mainland Group is expected to settle in the first three months of 2026, according to a notice of meeting released last week. The note announced a special meeting on 19 February in which a second vote to approve the divestment is held. At the first...
by Freshagenda | Oct 30, 2025 | Global, News
Mainland Group of assets, with 88.47% of votes supporting the divestment. Chair Peter McBride said the Fonterra Board and management were pleased with the level of engagement from farmer shareholders with 80.59% participation based on milk solids voted. Completion of...
by Freshagenda | Sep 25, 2025 | Global, News
Fonterra reported higher revenue in financial year 2025 at NZ$26bn, up 15% YOY with profit after tax down 4% to NZ$1.079bn. Profit after tax was down due to an increase in tax expense. Operating profit increased to NZ$1.7bn, up from NZ$1.5bn the year prior. Total cash...
by Freshagenda | Aug 28, 2025 | Global, News
After months of speculation, Fonterra revealed last week it has agreed to sell its consumer and associated businesses to multinational dairy giant Lactalis. Included is Fonterra’s global consumer business and brands, the integrated foodservice and ingredients...
by Freshagenda | Apr 10, 2025 | Global, News
China responded to the “Liberation Day” tariffs announcement swiftly last week, imposing 34% tariffs on all imports from the US from April 10. China also added 11 American companies to its unreliable entity list along with export controls on 16 US companies...
by Freshagenda | Apr 3, 2025 | Global, News
US president announced a baseline 10% tariff on all countries. Steeper “reciprocal” tariffs will be applied to China (34%), the EU (20%), Vietnam (46%) and Taiwan (32%). The Chinese tariff is reportedly on top of the existing 20% tariff. The Administration to claimed...
