Fonterra Archives - Inside FMCG

Fonterra: Too early to discuss job impact from organisational changes

Fonterra told employees it was scrapping bonuses and freezing pay hikes of about 7,000 employees.

Fonterra flags major full-year loss

Fonterra is expecting a loss of between $NZ590 million to $NZ675 million for the full year due to ” one-off adjustments.

Fonterra to gain $64m on foodspring deal with Mars

Food giant Mars will acquire a majority stake in German nutrition company foodspring.

Fonterra milk production declines in Australia

Fonterra’s Australian milk production for the 12 months to April was down 6.1 per cent due to poor weather conditions and rising costs.

Fonterra labels DIRA review a “missed opportunity”

Under the new legislation Fonterra will be allowed to refuse milk supply from farmers in certain circumstances.

This week in FMCG

The top headlines this week.

Fonterra shuts century-old Victoria factory

Fonterra said the factory was not viable in a low-milk pool environment.

Fonterra sells Tip Top ice cream to international dairy giant Froneri

NZ milk business confirms sale of popular ice cream brand.

Bubs to launch grass-fed infant formula

Infant formula maker partners with dairy giant to produce first Australian made, certified organic grass-fed formula.

Caltex, Fonterra named in Australia’s Top 10 manufacturers

Lion, Coca-Cola Amatil, Nufarm and Inghams all made the top 30.

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