Fonterra to exit consumer-facing business to focus on ingredients
Fonterra has announced a step-change in its strategic direction, as it strengthens its commitments to developing high-value dairy ingredients.
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Fonterra has announced a step-change in its strategic direction, as it strengthens its commitments to developing high-value dairy ingredients.
The divestment plan disclosure came only three months after Fonterra announced it would merge its Fonterra Brands New Zealand and Fonterra Australia.
Fonterra is looking at full or partial divestment options for some or all of its global consumer business, including well-known brands such as Anchor, and
Fonterra is looking to sell Anchor, an iconic Kiwi dairy brand that has been around since 1886, as part of a far-reaching step change in its strategy aimed...
The New Zealand-based co-op is “exploring full or partial divestment options for some or all of its global consumer business”.