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Fonterra promotes global ingredients president to role of CEO

Richard Allen has been with the farmer-owned society since joining as a graduate in 2008

World’s co-ops respond to food crisis as Middle East war cuts off shipping

Agri co-ops are among those calling for support with the sharp rise in fertiliser costs

Fonterra pays tribute to CEO Miles Hurrell as he steps down

The dairy co-op paid tribute to his 'courageous leadership' which took the business through a strategic…

Fonterra farmers back capital return plan from Mainland sale

The dairy co-op expects the sale of the business arm to be complete in the first…

Fonterra aims for $2 per share return on sale of Mainland business

The co-op is also looking to recruit more farmers to its organic business which is expanding…

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

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…

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…

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…

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