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30 Oct 2025 21:15
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  •   Home > News > Rural

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant


    Fonterra
    Fonterra
    The dairy co-op today inked a 3.8 billion dollar deal with French firm Lactalis .

    Brands like Anchor and Mainland will be sold to the company as part of the deal.

    Chris Luxon says most of that money will be returned to shareholders who are farming across New Zealand and spent in their local economies.

    The deal is pending shareholder approval.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
     10 Oct: A warning to dairy farmers - to prepare for greater climate swings
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