Fonterra
Sign in to saveAlso known as Fonterra Co-operative Group Limited
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and has revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere.
Key facts
- Company.name
- Fonterra Co-operative Group Limited
- Company.logo
- Fonterra Logo.svg
- Company.type
- Publicly listed cooperative
- Company.industry
- Manufacturing, retail
- Company.products
- Milk, butter, cheese, yoghurt
- Company.key_people
- Miles Hurrell, (CEO)
- Company.revenue
- NZ$22.82 billion (2024)
- Company.operating_income
- NZ$1.56 billion (2024)
- Company.net_income
- NZ$1.17 billion (2024)
- Company.assets
- NZ$16.68 billion (2024)
- Company.equity
- NZ$8.18 billion (2024) (Revenue and Operating income is from continuing operations)
- Company.num_employees
- 16,441(2024)
- Company.predecessors
- New Zealand Dairy GroupKiwi Co-operative Dairies
- Company.location_city
- Auckland
- Company.location_country
- New Zealand
- Company.area_served
- Worldwide
via Wikipedia infobox
Research organization · ROR
- Type
- Company, Funder
- Founded
- 2001
- Location
- Auckland, New Zealand
- Status
- Active
GRID grid.420002.4 · ISNI 0000 0004 0501 1120
~36 min read
Encyclopedic overview
33 sectionsContents
- History
- Background
- Formation
- International expansion
- Asset sales and divestment
- Fonterra Research and Development Centre
- Corporate structure
- Governance
- Subsidiaries
- Changes to capital structure
- Brands
- International
- New Zealand
- Australia
- Sri Lanka
- Environmental performance
- Initiatives
- Biofuels
- Manawatū River waste water
- Deforestation allegations
- Lignite coal use protest
- Pollution prosecution
- Environmental Awards
- Product issues
- Sanlu milk scandal
- DCD contamination
- Botulism scare
- Legal issues
- Court case of Fonterra vs Bega Cheese
- Greenpeace
- See also
- References
- External links
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and has revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere.
Fonterra was established in October 2001 following the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group (NZDG) and Kiwi Cooperative Dairies, with the New Zealand Dairy Board. The name Fonterra comes from Latin , meaning "spring from the land".
Excerpted from Wikipedia’s “Fonterra” article, available under the CC BY-SA 4.0 licence.