Fonterra
From Free net encyclopedia
company_slogan = Unknown. | foundation = Auckland, New Zealand, 2001| location = Auckland, New Zealand| key_people = Henry van der Heyden, Chairman
Andrew Ferrier, CEO
Guy Cowan, CFO| industry = Manufacturing
Retail (Department & Discount)| num_employees = 18,000+| products = Fonterra Ingredients
Fonterra Brands
Fonterra Enterprises
Fonterra Milk Supply| revenue = $12.3 billion NZD| homepage = www.fonterra.com
}}
Fonterra Co-operative Group Ltd (generally referred to simply as Fonterra) is the largest New Zealand dairy company. As a cooperative company, Fonterra is owned by approximately twelve thousand individual farmers throughout the country and it is the fifth largest dairy company in the world.
Fonterra was established in October 2001 as a merger of the two largest New Zealand dairy cooperatives and the New Zealand Dairy Board. The intent of the merger was to create a single company to manage the supply chain for a significant proportion of the New Zealand dairy industry.
The company has an annual turnover of around US$8 billion. Its core business consists of exporting dairy ingredients products under the NZMP brand (95% of its New Zealand production is exported). It also operates a fast moving consumer goods business for dairy products under Fonterra Brands. Fonterra has a number of subsidiaries and joint venture dairy companies operating in markets around the world.
Brands
Fonterra Brands manufactures and distributes under these brands
- Anchor, Anlene, Mainland and Tip Top
- cultured cheese brand Country Goodness;
- drinking yoghurt brand Yoghurt-2-Go;
- Zing flavoured juice;
- Calcium and Primo flavoured milk brand;
- yoghurt brands Calciyum, De Winkel, Fresh and Fruity, Metchnikoff, and Slimmers Choice;
- the Swiss Maid dairy food product line; and
- cheese brands Kapiti, Ferndale and Galaxy