Fonterra sells Dennington site to ProviCo

Fonterra sells Dennington site to ProviCo
Rebecca Howard
Fonterra Australia has agreed to sell its shuttered Dennington factory to ProviCo Australia for an undisclosed sum. “Since we announced the factory’s closure in May, we’ve been working with potential buyers to find a commercially viable and sustainable future for the site," Fonterra Australia managing director Rene Dedoncker said. "We’re pleased to be selling the factory to ProviCo with all of its operational capabilities and assets intact.” The deal is expected to be completed by April 22.ProviCo manufactures a range of animal nutrit...

More Primary Sector

Dairy Goat Co-op chair Campbell Storey to step down
Primary Sector

Dairy Goat Co-op chair Campbell Storey to step down

He won't go until the annual meeting in September, however.

Riley Kennedy 02 May 2024
John Penno quits Synlait board as George Adams elected chair
Primary Sector

John Penno quits Synlait board as George Adams elected chair

Synlait Milk co-founder John Penno has quit the company’s board, and George Adams has taken over as chair.The debt-laden milk processor told the New Zealand stock exchange (NZX) on Wednesday that Adams, who joined the board in March as an independent director, would take over fro...

Riley Kennedy 01 May 2024
NZ startup Jooules is turning CO2 into protein
Primary Sector

NZ startup Jooules is turning CO2 into protein

Jooules’ fermentation tech aims to mitigate world hunger and climate change.

Ben Moore 01 May 2024