- CEO
- Richard Allen
- Full Time Employees
- 16,215
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Auckland New Zealand
- IPO Date
- Nov 27, 2012
- Business
- Fonterra Co-operative Group Limited is a multinational dairy co-operative company and one of the world's largest dairy exporters, engaged in the collection, processing, manufacturing, marketing, and distribution of dairy products and specialized dairy nutrition solutions. Founded in 2001 through the merger of the New Zealand Dairy Board, New Zealand Dairy Group, and Kiwi Co-operative Dairies, the company is headquartered in Auckland, New Zealand, and is owned by thousands of New Zealand dairy farming families. The co-operative operates across three primary business channels: Ingredients, Foodservice, and Consumer Brands. Its product and service portfolio encompasses dairy ingredients marketed globally under the NZMP brand, including whole milk powder, skim milk powder, buttermilk powder, butter, anhydrous milk fat, cheddar and specialty cheeses, casein, caseinates, whey protein concentrates, whey protein isolates, protein hydrolysates, and specialty bioactive lipids; professional foodservice solutions marketed under the Anchor Food Professionals brand, including culinary creams, cream cheese, laminated pastry butter, shredded and block mozzarella, processed cheeses, and tailored culinary formulations for bakeries, restaurants, and catering operators; retail consumer packaged goods, including fresh milk, UHT milk, butter, cheese, yogurt, and dairy desserts under brands such as Anchor, Mainland, Kāpiti, Western Star, Perfect Italiano, Primo, and Fresh 'n Fruity; specialized maternal, pediatric, and adult nutritional wellness powders marketed under brands including Anlene and Anmum; and agricultural supplies, technical agronomy, and logistics services provided through its Farm Source retail store network. Fonterra processes billions of liters of milk annually across an extensive network of manufacturing sites in New Zealand and international processing hubs, exporting products to commercial customers, food manufacturers, foodservice operators, and retailers across more than 130 countries spanning Greater China, Southeast Asia, North Asia, the Americas, Europe, and the Middle East and Africa. In recent strategic developments, Fonterra announced a comprehensive strategic shift to explore the full or partial divestment of its global Consumer business portfolio—including Fonterra Oceania, Fonterra Sri Lanka, and associated consumer brands—in order to streamline operations and transition into a focused, pure-play business-to-business provider of high-value dairy ingredients and advanced foodservice solutions. As part of this reorganization, the co-operative consolidated its Australian and New Zealand consumer units into Fonterra Oceania, implemented a new Flexible Shareholding capital structure to provide financial flexibility for farmer-shareholders, and expanded capital investments in high-value specialty protein manufacturing assets and emissions-reduction processing technologies.