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Fonterra’s farmer-owners approve sale of global consumer business

The New Zealand dairy co-op giant is selling its Mainland Group arm to Lactalis for $4.22bn

New Zealand agri co-op Alliance to sell 65% stake to Irish company

A vote put to farmer-owners saw 87% approval for the $270m part-demutualisation deal with Dawn Meats

Fonterra increases divi as it reports annual revenue of $26bn

The co-op says it is continuing investments as it seeks to become 'the source of the…

New Zealand’s co-ops ‘punch above their weight’, says sector report

Figures from Cooperative Business New Zealand show co-ops are more resilient than other businesses, boosting prosperity…

Co-op Bank of New Zealand replaces core system to chase growth

New Zealand’s Co-operative Bank is replacing its core banking system in a “major investment” as it…

Fonterra opens first electrode boiler in bid to cut climate emissions

The New Zealand dairy co-op plans to invest $70m in two new electrode boilers as part…

New Zealand’s Co-op Bank tops consumer satisfaction survey

The customer-owned bank has been voted No.1 by customers in the Consumer People’s Choice Award for…

Fonterra reports NZ$729m profit after tax in interim results

CEO MIles Hurrell confirmed the co-op’s plan to continue to invest in future-proofing operations and its…

Fonterra continues plans to sell its global consumer business

The dairy co-op has also announced new incentives for farmers to reduce emissions, and given a…

New Zealand co-operators pay tribute to ‘trailblazer’ Brian Cameron

As first chair of apex Cooperative Business NZ, Cameron helped steer crucial legislation for the national…

New Zealand’s co-op sector hands out its annual awards

Co-op/mutual of the year went to farmer-owned insurer FMG, honouring its disaster support and community initiatives

Fonterra to press on with sale of consumer business including Anchor brand

The co-op has also made changes to its management team to help drive its new strategy