Fonterra announces sale of Farm Source livestock division

Wed, 09 Jan 2019

By Rebecca Howard Jan. 9 (BusinessDesk) - Dairy cooperative Fonterra is selling its Farm Source division to Carrfields Livestock – a livestock agency provider - as it reviews all aspects of its business. “In the context of the review of the co-op’s assets and investments, we have made the decision to sell the livestock division to Carrfields Livestock. This will better serve the livestock team and the farms they service," said Richard Allen, Farm Source stores director. The dairy giant is currently reviewing its entire business as it s...

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