No buttering up needed: Fonterra’s $4.2b Mainland vote set to sail through

Good things take time, says Mainland cheese in its TV ads (Image: Mainland)

Wed, 29 Oct 2025

Good things take time, or so the saying goes.It’s been Mainland’s tagline for years, but it could just as easily describe Fonterra Co-operative Group’s long-running process of selling the brand and other well-known names in its consumer business.This Thursday, 18 months after Fonterra first announced it wanted to hock off the consumer operation, the co-op’s 8500 shareholders will vote on the $4.2 billion deal to sell it to Lactalis, the largest dairy company in the world, via an online special general meeting.It is the s...

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