Farmers to bend Fonterra management’s ear over consumer sale

Geoff Crawford speaks in Thailand this week. (Image: BusinessDesk)

Wed, 13 Nov 2024

Fonterra’s farmer-owners will get the chance to grill the dairy giant’s leaders this week after it revealed a full sale or an initial public offering is on the table for its consumer business.Having announced in May it was looking at options, the co-op confirmed on Monday it would press ahead with a sale of its consumer channel as well as integrated businesses Fonterra Oceania and Fonterra Sri Lanka.That would be done either through a trade sale or an IPO.The idea is to focus on its two ingredients and foodservice channels, where Fo...

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