New Zealand
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A2 Milk Company warns of weak revenue growth amid lower birthrates, stiff competition
NEW ZEALAND – Premium branded dairy nutritional company, A2 Milk, has warned of weak revenue growth and challenges in China’s infant milk formula (IFM) market…
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Peter Reidie steps down as Sanford’s CEO
NEW ZEALAND – Auckland-based and New Zealand’s largest seafood company, Sanford, has announced the resignation of its CEO, Peter Reidie on August 1, 2023. According…
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Danone launches dairy and plant milk powder blend for infants
Australia/New Zealand – French dairy producer, Danone, has introduced a dairy and plant milk powder blend designed for infants and toddlers in Australia and New…
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Westland Milk becomes major shareholder in Ausnutria’s baby formula venture
NEW ZEALAND – Westland Milk has acquired 60% of shares worth US$19 million from Hong Kong-listed infant formula business Ausnutria according to a stock exchange…
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Fonterra launches new nutrition science venture arm
NEW ZEALAND – Fonterra, the global leading dairy nutrition co-operative has launched a corporate venture arm, Nutrition Science Solutions, to invest in the area of…