New Zealand
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Yili’s Westland Milk acquires Canary Foods to expand and access global markets
NEW ZEALAND – The Hokitika-based subsidiary of China’s Yili, Westland Milk, has acquired a privately owned dairy manufacturer Canary Foods for an undisclosed amount. Under…
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Fonterra launches supplements to improve cognitive performance and immune health
NEW ZEALAND – Fonterra has indicated signs of focusing more on the Nutrition, Health, and wellness category through the launch of several supplements this year…
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Fonterra trials world first organic polymer battery in pursuit of emission-free manufacturing
NEW ZEALAND – Pushing the wheel of sustainability forward in the dairy industry, Fonterra has announced the start of trialing of an organic polymer industrial-scale…
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Fonterra reports 11% revenue growth in full year 2022, records highest payout to farmers
NEW ZEALAND – Multinational dairy cooperative Fonterra has reported an 11% growth in group revenue, to NZD23.4bn (US$13.53bn), for the 2022 financial year, and a…
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Fonterra and DSM extend partnership into non-dairy segment, launch joint venture
NEW ZEALAND – Multinational dairy cooperative Fonterra and Dutch nutrition company DSM have extended their collaboration into the non-dairy sector in what they describe as…
