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4 Dec 2024 15:45
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  •   Home > News > Business

    Another global dairy giant could take over some of Fonterra's most well-known brands

    Another global dairy giant could take over some of Fonterra's most well-known brands


    Fonterra
    Fonterra
    The New Zealand dairy co-op has confirmed plans to sell off its consumer arm, for up to three billion dollars.

    That would see it relinquish well-known brands like Anchor, Mainland Cheese and Kapiti Ice Cream.

    Forsyth Barr Senior Analyst Matt Montgomerie says Fonterra's reporting meaningful buyer interest for a potential trade sale.

    He says another dairy giant like Nestle or Danone could be interested.

    © 2024 Newstalk ZB, NZCity

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