Fonterra still exposed to Beingmate in Bubs supply deal

Rebecca Howard
Mon, 06 May 2019

By Rebecca Howard May 7 (BusinessDesk) - Fonterra Cooperative Group will still be exposed to its former Chinese partner Beingmate Baby & Child Food Co, albeit one step removed, in a new supply deal with Bubs Australia.  Fonterra Australia will supply Bubs with organic milk powder, sourced from New Zealand and manufactured at its facility in Darnum, Victoria, Bubs said in a release to the Australian stock market yesterday. The conditional supply agreement runs until July 31, 2021.  The new Bubs Organic range of infant formula will be Au...
Opinion
PATTRICK SMELLIE: Only two things can rescue Muller and the National Party now
Pattrick Smellie | Sun, 12 Jul 2020

Only two things can now save Todd Muller from the growing likelihood of a crushing electoral defeat.

Opinion
ON THE MONEY: Boag, BNZ, Crimson and more
Victoria Young | Sat, 11 Jul 2020

Professional distancing We’re sure public relations expert and National Party stalwart Michelle Boag has had a few ups and downs in her colourful career, but you know things are rough when one of your...

Opinion
JEHAN CASINADER: Politicians are the worst advertisement for democracy
Jehan Casinader | Sat, 11 Jul 2020

In Wellington, when it rains, it pours.In recent weeks, there has been a steady stream of political scandals. Blunders, sagas, hiccups and missteps – too many to count.These events remind us why so ma...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.

Sponsored: What’s next for the future of the office?

Think everyone is going to keep working from home? No so fast, says Milford Asset Management.