Buyers reportedly circling Fonterra's Chile assets but it's a hard sell

Buyers reportedly circling Fonterra's Chile assets but it's a hard sell
Fonterra has been seeking to offload Soprole for some time. (Image: BusinessDesk)
Rebecca Howard
Rumours are swirling about bidders for Fonterra’s Soprole asset in Chile, including possible interest from China, but recent protests underscore it may not be an easy sell.A Chilean source from the local dairy sector confirmed to BusinessDesk that "we have heard that a Chinese company has expressed interest”.However, given the recent unrest in the southern dairy-producing region, he did not wish to be identified. Separately, another dairy farmer from the area said he had also heard a Chinese company was looking to make a bid.&n...

More Primary Sector

Norwood’s losses mount as revenue slumps further
Primary Sector

Norwood’s losses mount as revenue slumps further

It’s retained “material uncertainty" on its books.

Riley Kennedy 06 Aug 2025
Ravensdown's new lab aims to double soil testing capacity
Primary Sector

Ravensdown's new lab aims to double soil testing capacity

Lab was previously based in Napier; new operation is in Rolleston.

Riley Kennedy 05 Aug 2025
Buyers sought for rural publications in administration
Primary Sector

Buyers sought for rural publications in administration

The firm publishes regional ‘Farming Lifestyles’ monthlies and the ‘Kaipara Lifestyler’.

Gregor Thompson 05 Aug 2025