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Home » Australasia » Who owns Fonterra in New Zealand?

Who owns Fonterra in New Zealand?

December 14, 2021 by Shelia Campbell

New Zealand farmers.
Fonterra Co-operative Group Limited (/ˈfɒntɛrə/) is a New Zealand multinational publicly traded dairy co-operative owned by around 10,500 New Zealand farmers.
Fonterra.

Type Publicly listed cooperative
Net income NZ$$0.745 billion (2016–17)
Total assets NZ$17.842 billion (2016–17)
Total equity NZ$7.248 billion (2016–17)

Contents

Does China own Fonterra?

Inner Mongolia Natural Dairy Co, a subsidiary of China Youran Dairy Group Limited, has agreed to purchase Fonterra’s two farming-hubs in Ying and Yutian for NZ$513 million.China currently receives about one quarter of Fonterra’s productions.

How much of Fonterra is owned by China?

Fonterra expects to receive $88m for its 51 per cent stake in the venture.

Who are Fonterra stakeholders?

“Doing what’s right helps protect and grow Fonterra’s reputation with our stakeholders; our farmer shareholders, employees, customers, consumers and our communities.

What companies does Fonterra own?

Our portfolio of well-known brands includes Anchor, Anmum, Anlene, NZMP and Farm Source. Made using trusted processes and the highest quality natural dairy, our brands are loved by consumers in New Zealand, and around the world.

Is Fonterra the biggest dairy company in the world?

Fonterra is the biggest dairy company in the world with impressive stats: owned by 10,500 farmers, employs 1600 tanker drivers, and 22,000 global staff, 85 million litres of milk picked up daily, 22 billion litres of milk processed every year, $17 billion in revenue.

Is Fonterra Australian owned?

Fonterra is a New Zealand cooperative, but its Australian arm is one of the largest collectors and processors of milk in the nation, with sites in Victoria and Tasmania.

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How many Fonterra factories are there in NZ?

29 manufacturing sites
Fonterra operates 29 manufacturing sites in New Zealand and has 35 additional locations throughout the world.

Is Fonterra NZ owned?

Fonterra is a Co-operative dairy company owned by more than 11,000 New Zealand dairy farmers. What is a Co-Operative? This is a business that is owned and controlled by the people who use its services. Co-operatives use a special form of governance.

Who owns Meadow Fresh?

Goodman Fielder
Meadow Fresh is a New Zealand dairy brand. It is owned by Goodman Fielder. The modern brand came into being as the result of a brand swap in September 2005 between Dairy Foods, owned by Graeme Hart, and New Zealand Milk, owned by Fonterra.

How many Fonterra shareholders are there?

Hurrell has moved the co-operative’s focus back to New Zealand where he is looking to eke out more value from the milk produced by its 10,000 farmer shareholders.

Can I buy shares in Fonterra?

Shares and Units
They can buy and sell shares on the Fonterra Shareholders’ Market which is a private market for farmer shareholders. Investors who are not suppliers can purchase units in the Fund. Farmer shareholders can also trade in the Fund.

What is the current Fonterra payout?

The dairy giant has raised and narrowed its farmgate milk price range to be between $7.90 and $8.90-per kilogram of milk solids for the 2021/2022 season, up from between $7.25 and $8.70.

Is Bega 100% Australian owned?

Bega Cheese is an Australian owned and operated cheese company located in the beautiful Bega Valley, on the south coast of New South Wales. The company was founded as a dairy co-operative in 1899, and many of the current owners of Bega Cheese are the 100 plus dairy farmers.

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Who owns Western Star dairy products?

Fonterra
Western Star is an Australian butter and spreads brand founded in 1926 in the Western Districts of Victoria. Products are widely distributed across Australia and available in most supermarkets. The brand is owned by Fonterra.

Who owns Mainland butter?

New Zealand cooperative Fonterra is a global dairy giant with a strong presence in Australia, selling Mainland Cheese, Perfect Italiano cheese and Western Star butter.

Is Fonterra largest company in NZ?

The company is responsible for approximately 30% of the world’s dairy exports and with revenue exceeding NZ$17.2 billion, is New Zealand’s largest company.
Fonterra.

Type Publicly listed cooperative
Brands Anchor Anmum Anlene Mainland Cheese Soprole
Revenue NZ$19.232 billion (2016–17)
Operating income NZ$$1.120 billion (2016–17)

Which is the biggest dairy company in the world?

Nestlé
The world’s largest dairy companies by revenue made with dairy products are estimated and ranked annually by the Rabobank.
2019.

Rank 1
Company Nestlé
Headquarters Switzerland
Dairy product revenue in bn. US$ 24.3

Who owns Tip Top?

Tip Top Bakeries

Who owns Fonterra in Australia?

Fonterra Co-operative Group Ltd
Fonterra Brands Australia Pty Ltd

Fonterra Brands Australia Pty Ltd AUS email
Fonterra Co-operative Group Ltd owns 100% of Fonterra Brands Australia Pty Ltd NZL email

What brands of milk are Australian owned?

Familiar Australian milk brands like Dairy Farmers, Masters, Pura Milk, Dare and Farmers Union iced coffee, Big M, Dairy Farmers and Pura Classic flavoured milk, Vitasoy soy milk and coconut milk, juice brands Daily Juice, The Juice Brothers and Berri, and Yoplait yogurt are all owned internationally.

Filed Under: Australasia

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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