Fonterra’s South American venture with Nestle opens $45M distribution centre in Brazil

Tue, 17 Dec 2013

Dec. 18 (BusinessDesk) – Fonterra Cooperative Group’s South American joint venture with Nestle opened a $45 million distribution centre alongside its Araras, Brazil factory to distribute more than 200,000 metric tonnes of dairy products a year across South America’s biggest economy. Auckland-based Fonterra and Nestle formed Dairy Partners Americas, South America’s largest dairy company, in 2003 to take advantage of rising demand for milk and dairy products in fast-growing emerging economies. “Brazil is an important market for Fonterra,” chi...

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