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Fonterra
Fonterra Co-operative Group Limited is a New Zealand Multinational corporation, multinational publicly traded dairy cooperative, co-operative owned by New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding New Zealand dollar, NZ $22 billion, making it New Zealand's largest company. It is the List of largest dairy companies, sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere. Fonterra was established in October 2001 following the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group (NZDG) and Kiwi Cooperative Dairies, with the New Zealand Dairy Board. The name Fonterra comes from Latin , meaning "spring (hydrology), spring from the land". History Background The first dairy co-operative in New Zealand was established in Otago in 1871. By 1920, there were 600 dairy processing factories of which about 85% were owned by co-operati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fonterra Facility Near Hamilton
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere. Fonterra was established in October 2001 following the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group (NZDG) and Kiwi Cooperative Dairies, with the New Zealand Dairy Board. The name Fonterra comes from Latin , meaning " spring from the land". History Background The first dairy co-operative in New Zealand was established in Otago in 1871. By 1920, there were 600 dairy processing factories of which about 85% were owned by co-operatives. In the 1930s there were around 500 co-operatives but after World War II, improved transportation, proc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anchor (brand)
Anchor is a brand of dairy products that was founded in New Zealand in 1886, and is one of the key brands owned by the New Zealand–based international exporter Fonterra Co-operative Group. In Malaysia, Singapore and Taiwan, Fonterra uses the Fernleaf brand instead of Anchor. Anchor by Fonterra Historically, the Anchor brand of milk products in New Zealand was owned by the New Zealand Dairy Group, which merged with Kiwi Co Operative in 2001 to form Fonterra. As the merger would leave New Zealand with virtually no competition in the domestic dairy sector, government legislation was required for Fonterra to be formed. One of the requirements was that Fonterra must divest its strongest domestic brand, Anchor, in the New Zealand market. This did not affect the brand internationally. The brand was sold to what is currently Goodman Fielder. Between 2001 and 2005, Fonterra grew one of their smaller milk brands which was originally only available in the South Island of New Ze ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mainland (cheese)
Mainland Cheese is a brand of cheese owned by Fonterra Co-operative Group that is sold throughout Australasia and parts of the Americas. It began as a family business in the South Island of New Zealand (which is jocularly known as the "mainland" of New Zealand because it is larger than the North Island). Company history Mainland Products Ltd was founded in 1954 by Peter McConnon. It grew rapidly, encompassing fresh and processed milk, cheese (with which the company's name is most associated today) as well as ice cream ( Tip Top), processed meats (Kiwi Huttons) and other consumer foods. Kiwi Co-operative Dairies led by CEO Craig Norgate acquired 83% of the business in the 1990s. The balance was acquired by Fonterra (formed by a 2001 merger which included Kiwi Co-op), also led by Norgate, in 2002. In 2005, Fonterra sold most of the business that was formerly part of Mainland to Graeme Hart's Rank Group Ltd, but it retained all the cheese assets. Mainland cheese now comes un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Dairy Companies ...
The world's largest dairy companies by revenue made with dairy products are estimated and ranked annually by the Rabobank. 2024 2023 2022 2021 2020 2019 2018 2017 References {{reflist Dairy industry Dairy products companies Dairy Dairy A dairy is a place where milk is stored and where butter, cheese, and other dairy products are made, or a place where those products are sold. It may be a room, a building, or a larger establishment. In the United States, the word may also des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Dairy Board
The New Zealand Dairy Board (NZDB) was a statutory board in control of the export of all New Zealand dairy products from its formation in 1923 until 2001. It operated through a global network of marketing subsidiaries. In 2001, the Dairy Board was merged with the two largest New Zealand dairy cooperatives (which represented 96% of the industry) to a company initially called GlobalCo, but shortly afterwards renamed Fonterra. The merger required approval from the Commerce Commission, which it declined, so a special Act of Parliament, the Dairy Industry Restructuring Act 2001 was passed allowing the merger to occur. See also * Fonterra * New Zealand Meat Producers Board 1922 * New Zealand Wool Board 1944 * Dairy farming in New Zealand * Agriculture in New Zealand References External links Our history at Fonterra {{Economy of New Zealand Marketing boards Foreign trade of New Zealand Dairy farming in New Zealand Dairy organizations Fonterra Dairy marketing Agricultural orga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
