Fonterra looking to lift China's importance in new strategy

Fri, 04 Oct 2019

Fonterra Cooperative Group is looking to elevate the importance of China, it’s leading market, as part of its new strategy. The cooperative announced plans to bring together the consumer and food service and ingredients businesses into one Greater China business as it presented its annual result last week. Work is underway to recruit a new chief executive for the region. The businesses have been “operating well but we see an opportunity to elevate the importance of China into the business,” chief executive Miles Hurrell told BusinessDesk....

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