Fonterra Completes Sale of Mainland to French Dairy Giant for $4.22b

Fonterra completes sale of Mainland to French dairy giant for $4.22b

Fonterra has completed the sale of its global consumer and associated businesses, Mainland Group, to French dairy giant Lactalis for $4.22 billion. The sale,...

Lactalis acquires Fonterra's Mainland Group - Trailer Magazine

Image: JHVEPhoto/stock.adobe.com.Fonterra has completed the sale of its global consumer and associated business, Mainland Group, to Lactalis. The sale comprises Fonterra’s global consumer business and consumer brands, excluding the consumer business in Greater China where Fonterra will continue to own the Anchor brand; the integrated foodservice and ingredients business in Oceania; the integrated foodservice business in Sri Lanka; and the Middle…

Fonterra completes Mainland sale

The way is now clear for Fonterra farmer shareholders to receive a $3.2 billion payout in two weeks' time

Fonterra completes sale of Mainland Group to Lactalis

Fonterra Co-operative Group Ltd has completed the sale of its global consumer and associated businesses, Mainland Group, to Lactalis. Chairman Peter McBride says the completion of the sale is a significant milestone which sets the Co-op up for the future.  “With the divestment complete, Fonterra can return capital to its owners and focus on growing further through its core business as a New Zealand farmer-owned global B2B dairy provider,” says M…