Fonterra confirms timeline for Capital Structure implementation
Fonterra can today confirm that its new Flexible Shareholding capital structure is set to be implemented in late March 2023, subject to the Board being satisfied that the relevant preparations are completed before then.
Fonterra launches wellbeing nutrition solutions brand
Fonterra is taking another step in implementing its strategy to be a leader in nutrition science and innovation with the launch of a new wellbeing solution brand, Nutiani.
Fonterra, NZX and EEX confirm GDT strategic partnership
Fonterra today confirms the finalisation of the strategic partnership with New Zealand’s Exchange (NZX) and the European Energy Exchange (EEX) to each take ownership stakes in Global Dairy Trade (GDT) alongside the Co-op.
Fonterra lifts 2020/21 forecast farmgate milk price
Fonterra Co-operative Group Limited today increased the mid-point of its forecast Farmgate Milk Price range to $6.80 per kgMS, up from $6.40 per kgMS, while retaining its current +/-50c per kgMS range.
Fonterra makes strategic European whey investment
Fonterra has taken a 10 per cent shareholding in Lithuania’s biggest dairy producer, AB Rokiskio Suris, securing a supply line of high-value whey ingredients while opening up product options across Europe and the Middle East, and giving the Co-op more opportunities to produce higher value products from New Zealand milk.