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Latest Mainland Stories

2011-07-14 12:41:00

CHICAGO, July 14, 2011 /PRNewswire/ -- Fonterra Co-operative, a global leader in dairy nutrition today announced the appointment of Mr. Theo Spierings as its new CEO. (Photo: http://photos.prnewswire.com/prnh/20110714/CG35458) Mr. Spierings, who led the Dutch farmer dairy co-operative, Royal Friesland Foods, into a merger with Campina in 2008, will take over from Fonterra's departing CEO Mr. Andrew Ferrier, effective Sept. 26. Mr. Ferrier announced his resignation from Fonterra last...

2011-03-22 18:42:00

LOS ANGELES, March 22, 2011 /PRNewswire/ -- Futurestep, a Korn/Ferry company (NYSE: KFY), today announced that it has been re-engaged by Fonterra, the world's largest diary exporter and New Zealand's largest employer, to provide Recruitment Process Outsourcing (RPO) and consulting services over the next five years commencing April 1st. The new contract marks the continuation of a long-standing relationship with Futurestep and Fonterra. For six years Futurestep has partnered with Fonterra...

2010-08-31 09:00:00

CHICAGO, Aug. 31 /PRNewswire/ -- New Zealand-based Fonterra Co-operative Group, the world's leading innovative dairy solutions provider, today announced that Giovanna "Gigi" Vita has been appointed to the position of President, Fonterra North America. Vita joins a company that has been providing innovative dairy ingredient solutions to leading food companies in North America for more 60 years, focused on ingredients for cheese, cultured products, paediatric and functional nutrition,...

2009-04-01 12:19:00

Product's Constituent Ingredients Now Available to Other Food Manufacturers CHICAGO, April 1 /PRNewswire/ -- Fonterra Co-operative Group this week launched a new satiety water in New Zealand, called Whole. The product, which is made with milk protein, is a first for the market, and food and beverage manufacturers in the United States and other global markets can currently leverage the product's constituent ingredients. Fonterra Ingredients' Global Category Manager for Functional...

2008-10-06 15:05:00

By JANES, Andrew AFTER a year and a half of steadily rising dairy prices, shoppers are finally in for some relief when they buy milk, cheese, yoghurt, butter and icecream. Fonterra Brands, the consumer brands arm of the dairy co-op, says it will lower the price of its products in coming months because international dairy prices are falling. Fonterra Brands produces Anchor milk, Mainland cheese and Tip Top icecream among other brands. It sells about half of the dairy products in New...

2008-08-29 15:00:31

By JANES, Andrew FONTERRA will face a powerful new competitor across the Tasman with National Foods set to buy Australian co-op Dairy Farmers for $1.1 billion. After a competitive sales process, Dairy Farmers announced yesterday that it would recommend the bid by Kirin-owned National Foods to its farmer shareholders. It will require the approval of at least 75 per cent of its shareholders in a vote scheduled for mid- November. Fonterra pulled out of the race to buy Dairy Farmers in...

2008-07-08 15:00:39

By HUNTER, Tim IN SEPTEMBER, when shareholders in Silver Fern Farms vote on whether to sell half their company for $220 million, the money may not be the deciding factor. Equally important, or perhaps more so, will be the character of the people they are being asked to do business with. "Farmers are a funny lot," one shareholder told the Star-Times. "If they think a person's being a bit smart, s---, they'll cut them off at the knees." Just as well, then, that the deal is being put...

2008-06-25 09:03:01

Nestle Australia has sold its yoghurt and dairy dessert business, including its Echuca factory, to Fonterra. The agreement is effective from September 1, 2008. Under the agreement, Fonterra will also acquire the long-term rights to manufacture, market and sell Nestle's yoghurt and dairy dessert brands in Australia under license, alongside its own existing brands. The SKI brand, which is currently under license to Dairy Farmers, reverts to Nestle in 2012, and will then be licensed to...

2008-06-19 03:00:17

By STEEMAN, Marta -------------------- Consumers could be facing another rise in the price of milk while dairy farmers are creaming it. Fonterra will give no guarantee it will not raise the price of milk after boosting the dairy farmers' payout yesterday to $7.90 a kilogram of milksolids for the 2007-08 season. This dairy season will go down in history as the record payout puts another $4 billion in the pockets of 11,000 dairy farmers. Last year they were paid a paltry, by...