Fonterra’s consumer business not the cream of its crop

Fonterra CFO Andrew Murray, CEO Miles Hurrell and chairman Peter McBride address the media on Thursday. (Image: BusinessDesk)

Riley Kennedy

Fri, 21 Mar 2025

Walk into any New Zealand supermarket and Fonterra Co-operative Group has a significant chunk of the chiller space.Be that Anchor liquid milk, Mainland cheese and butter or Fresh 'n Fruity yoghurt, among other products.However, in overseas markets, it competes against other multinationals, such as Nestlé, Lactalis, and Danone, which have scale worldwide in products in and out of the dairy section.That is part of the export-focused co-op’s rationale for putting its consumer brands business up for sale and focusing on where it do...

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