Fonterra sets up startups as part of internal innovation pilot

Wed, 09 Nov 2016

By Fiona Rotherham Nov. 9 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings said two startups have been established within the diary giant as a result of its innovation pilot Disrupt. Speaking at the Future of Food Forum in Auckland today in front of the visiting Dutch royals, Dutch-born Spierings said there was a major opportunity through innovation within the agriculture sector given the challenge to feed the world with a 100 percent increase in food demand by 2050. Some 700 Fonterra managers and staff from t...

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