About

Fonterra is a global dairy nutrition company owned by 10,000 farmers and their families. Read about our company and about our farmers and markets.

explore this section

Investors

Are you an investor with Fonterra? Read about our current performance with our financial results, or find information on our dividend programme.

explore this section

Fonterra puts proposed Equity Partnership Trust

  • July 27, 2015
  • 1 min read

Fonterra Co-operative Group Limited has announced that it is putting on hold plans to develop an Equity Partnership Trust.

“This is a consequence of UBS deciding, for reasons unrelated to the Trust itself, to end its advisory role that began late last year, and volatility in dairy and equity markets,” said Chief Financial Officer Lukas Paravicini. “These two factors mean that it is appropriate to hit the pause button.

“We will take the time needed to review the structure of the proposed Trust and its implementation, as market conditions unfold,” said Mr Paravicini.

The proposed Trust would enable farmers to partner with investors, who would take a minority stake in dairy farms.  The proposal is aimed at providing farmers wider access to long-term equity while still maintaining control of their farms.