ACCC won't oppose Lactalis buying Fonterra's Aussie business

The Western Star butter brand is popular in Australia. (Image: BusinessDesk)

Thu, 10 Jul 2025

Australia’s competition regulator says it will not oppose Lactalis buying Fonterra Co-operative Group’s operations across the Tasman.The co-op’s business in Australia makes up a large chunk of its consumer business, which is in the process of being divested, either through a trade sale or initial public offering.In May, the French dairy giant, which already has an Australian operation, filed for an informal review at the Australian Competition & Consumer Commission (ACCC), saying global development was core to its growth p...

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