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4 Jul 2025 16:40
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  •   Home > News > Rural

    Another global dairy giant could take over some of Fonterra's most well-known brands

    Another global dairy giant could take over some of Fonterra's most well-known brands


    Fonterra
    Fonterra
    The New Zealand dairy co-op has confirmed plans to sell off its consumer arm, for up to three billion dollars.

    That would see it relinquish well-known brands like Anchor, Mainland Cheese and Kapiti Ice Cream.

    Forsyth Barr Senior Analyst Matt Montgomerie says Fonterra's reporting meaningful buyer interest for a potential trade sale.

    He says another dairy giant like Nestle or Danone could be interested.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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