Fonterra agrees sale of China JV farms
Fonterra has agreed the sale of its two joint venture farms in China, with the sale expected to be completed on 30 June.
Fonterra completes sale of two China farms
Fonterra has today completed the sale of its two wholly owned China farming hubs in Ying and Yutian.
Fonterra sells China farms
Fonterra has agreed to sell its China farms for a total of $555 million (RMB 2.5 billion), after successfully developing the farms alongside local partners.
Fonterra confirms appointment of Teh-han Chow to CEO Greater China
Fonterra is pleased to confirm the appointment of Teh-han Chow to the role of Chief Executive Officer, Greater China.
Fonterra appoints interim CEO Greater China
Fonterra is pleased to appoint Teh-han Chow as its interim CEO Greater China.
Fonterra announces intention to reduce Beingmate shareholding
Fonterra has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a shareholding of 18.8 per cent.
Anchor breaks new sales record at China’s Double 11
Anchor products shone at Double 11, the world’s largest 24-hour shopping event, with Fonterra sales jumping 31% on last year.
From Darfield to Dongguan - Fonterra dials up value add
Fonterra’s new cream cheese plant in Canterbury has started production and is set to manufacture up to 24,000 metric tonnes of cream cheese annually, bound for China.
Fonterra welcomes appointment of new Beingmate Baby & Child General Manager
Fonterra welcomes the appointment of Bao Xiufei (Bob) to the role of General Manager of Beingmate Baby & Child Food Co Ltd. The move was announced yesterday and follows a comprehensive search. Mr Bao joins Beingmate from Royal FrieslandCampina China, where he had a successful career, including most recently, as Friso Chief Sales Officer (CSO) and Consumer Dairy Managing Director. Prior to this, he was the Sales Director at Wyeth Nutrition and held senior roles at PepsiCo and Wahaha Food Group.