The dairy giant has decided to go ahead with the sale of its consumer business.

New Zealand

Fonterra pushes ahead with sale of Anchor, Mainland brands

Fonterra has confirmed it will sell its consumer business, including major brands like Anchor. Photo: Supplied/ Greenpeace  
By Gyles Beckford of RNZ

Otago Daily Times

Allied Press

Otago

Iconic Fonterra brands to be sold off

Media Bias/Fact Check

Ministry for Culture and Heritage

FONTERRA Cooperative Group will go ahead with the sale process for its global consumer businesses, saying it will consider an initial public offering (IPO) and reiterating that a successful deal will result in a capital return for its farmer shareholders.

Business Times

Fonterra to assess IPO as one option for consumer unit sale

Following a scoping phase, Fonterra Co-operative Group (ASX:FSF), a global dairy giant headquartered in New Zealand, has decided to proceed with a sale process to divest its global consumer businesses, including Fonterra Oceania and Fonterra Sri Lanka. The initiative was first announced in May 2024. The objective is to streamline operations and concentrate on the company's core Ingredients and Foodservice divisions. The divestment plan encompass…

sharecafe.com.au

Fonterra to proceed with sale of consumer brands

Fonterra Co-operative Group Ltd has provided an update on its work to explore potential divestment options for its global Consumer business, as well as integrated businesses Fonterra Oceania and Fonterra Sri Lanka.   CEO Miles Hurrell says, following a detailed scoping phase, the Co-op has decided to proceed with a sale process for these businesses.    “Since our announcement in May 2024, we have been working with our team of advisors to assess …

Fonterra pushes ahead with sale of Anchor, Mainland brands

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