French dairy giant Lactalis gets ACCC boost in quest to snap up Mainland – but who is it?

The Président brand is Lactalis’ flagship brand. (Image: Getty)

Fri, 11 Jul 2025

Lactalis has been given a major boost in its quest to become the new owner of Fonterra Co-operative Group’s soon-to-be spun-out consumer business.The Australian competition regulator ruled on Thursday that it wouldn’t oppose a transaction between the two if they struck a deal following a two-month informal review.The dairy co-op’s operations across the Tasman make up a large chunk of the business on the block, with eight manufacturing sites and 650 farmer-suppliers providing roughly 45% of the milk for the spin-out known as Ma...

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