Milking the Markets: Potential Mainland Group IPO taking shape

Fonterra's Western Star is a popular butter brand in Australia. (Image: BusinessDesk)

Tue, 11 Mar 2025

The structure of Fonterra Co-operative Group’s soon-to-be carved-out multibillion-dollar consumer entity is quickly taking shape.Mainland Group's leadership is on the road, so to speak, meeting investor groups this week ahead of a potential initial public offering (IPO).It is understood chief executive-elect René Dedoncker and chief financial officer-elect Paul Victor are in New Zealand Monday and Tuesday before returning across the Tasman, where they are based, for meetings in Australia on Wednesday and Thursday and heading to...

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