Fonterra considers equity fund as part of Farms Source launch

Mon, 29 Sep 2014

By Fiona Rotherham Sept. 29 (BusinessDesk) - Fonterra Cooperative Group may establish an Equity Partners' Fund that would source capital from investors for farmers in New Zealand and Australia. It's one of the new offerings rolled out today by the giant dairy co-operative under its new Farm Source hubs which will combine retail service, support, rewards, digital technology and financial options. Speaking at today's launch in Methven, Fonterra chairman John Wilson said the idea for Farm Source followed discussions with farmers over the...

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