Lactalis named as bidder for Fonterra's $3b consumer business

Lactalis named as bidder for Fonterra's $3b consumer business
Western Star is one of the brands on the block in Australia. (Image: BusinessDesk)
Riley Kennedy
Lactalis has been named as one of the parties looking to pick up Fonterra Co-operative Group’s consumer business.The French dairy giant was named as a bidder following a filing to the Australian Consumer and Competition Commission (ACCC) for an informal review made public on Friday evening.It had long been speculated as a bidder and comes after Bega Group threw its hand up publicly this week.In a notice, ACCC said Lactalis proposed to acquire the co-op consumer business globally and its ingredients and food service operations in Aust...

More Primary Sector

Bega Group to Fonterra: Let us bid
Primary Sector

Bega Group to Fonterra: Let us bid

Billionaire Twiggy Forrest is the largest shareholder of the Aussie dairy company.

Riley Kennedy 01 May 2025
Fonterra to close its Hamilton canning and packaging facility
Primary Sector

Fonterra to close its Hamilton canning and packaging facility

It will close at the end of July, affecting 120 jobs.

Riley Kennedy 29 Apr 2025
Fonterra's plans unchanged despite court ruling
Primary Sector

Fonterra's plans unchanged despite court ruling

Bega reiterates its interest in Oceania business. 

Rebecca Howard 28 Apr 2025