New Zealand
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Yili inaugurates group’s largest overseas butter factory in New Zealand
NEW ZEALAND- Chinese dairy giant, Yili Group, has bolstered its overseas processing capacity with the opening of a new butter plant in Hokitika, New Zealand.…
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Fonterra raises international profile of Global Dairy Trade platform with addition of new strategic partners
NEW ZEALAND – Fonterra, a New Zealand multinational dairy cooperative, has completed the sale of its majority shares in Global Dairy Trade (GDT) to New…
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Nestlé bolsters health and wellness portfolio with acquisition of Better Health Company
NEW ZEALAND – Nestlé, a Swiss multinational food and drink processing conglomerate, has expanded its portfolio of health-focused assets with the acquisition of a New…
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New Zealand to record lowest milk production in 5 years as high feed prices, shrinking dairy herd impact output
NEW ZEALAND – A new report from the Foreign Agricultural Service of the US Department of Agriculture (USDA) is projecting a fall in New Zealand…
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Fonterra’s plan to restructure business receives support from New Zealand Government
NEW ZEALAND – New Zealand’s Cabinet has agreed to support the restructuring of Fonterra company which brings in export revenue of about US$19.1 billion a…