Fonterra reviews ownership options for Australian business, including considering an IPO
Fonterra Co-operative Group Limited (the Co-op) has today announced that
it will proceed with an ownership review of Fonterra Australia. The Co-op is considering the most
appropriate ownership structure for Fonterra Australia, one option includes an
IPO, with the intention that the Co-op retains a significant stake.
takes its dairying responsibilities seriously and we’re committed to ensuring
that our suppliers manage the welfare of animals responsibly and meet their obligations
as custodians of the environment on which they farm.
Fonterra Australia announces 13 cent/kgMS step-up for 2020/21 season
Fonterra Australia has today advised its suppliers that it is
increasing its 2020/21 farmgate milk price by 13 cents, taking its average
farmgate milk price to $6.53/kgMS. The payment will be
backdated to 1 July 2020 and paid with March proceeds on 15 April 2021.