News | Rural
9 May 2025 19:36
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  •   Home > News > Rural

    Uncertainty around Fonterra's plan to sell well-known brand Anchor

    Uncertainty around Fonterra's plan to sell well-known brand Anchor


    Fonterra
    Fonterra
    The diary giant has signalled its intent to divest some or all of its global consumer business, including Fonterra Oceania and Fonterra Sri Lanka.

    Lincoln University Adjunct Professor Jacqueline Rowarth says Anchor is synonymous with New Zealand.

    She says Anchor was sold at one point and then bought back, and we shouldn't do that again -- so it needs to be a very good offer.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     07 May: Global dairy prices have skyrocketed
     30 Apr: Hopes Fonterra will employ 120 workers, with the closure of a Hamilton milk-powder packaging facility
     21 Mar: The whole economy is expected to feel the positives coming out of the dairy sector
     20 Mar: Fonterra is dishing out dividends, as it reports strong interim results
     20 Mar: Fonterra has delivered a strong interim result for the 2025 fiscal year
     19 Mar: Dairy prices are unchanged, at this morning's Global Dairy Trade auction
     18 Mar: Dairy farmers could be in for two consecutively good seasons for the first time in 25 years
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