Fonterra merges Chilean businesses into one entity

Cows grazing in southern Chile where Fonterra is continuing to streamline its businesses.

Mon, 08 Mar 2021

Fonterra continues to streamline its operations in Chile after merging Soprole and Prolesur into one entity.“Previously, Soprole and Prolesur were both publicly listed companies. As of 1 March 2021, Soprole is the single listed company under which the Prolesur business now sits,” said Kelvin Wickham, Fonterra chief executive for Africa, Middle East, Europe, North Asia, Americas.The day-to-day operations and management of the two businesses remain unchanged but “simplifying the corporate structure of the two entities is part of...

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