Sri Lankan order against Fonterra overturned

Fonterra has resumed its consumer operations in Sri Lanka, following a thorough assessment by management that there is no risk to Fonterra staff and that the situation has now stabilised. Chief Executive Theo Spierings says: “We took the decision to temporarily suspend our Sri Lanka operations to protect our people, and to protect our farmer shareholders’ assets. I am now confident that our people are safe and the business is ready to resume operations and continue selling high quality dairy nutrition to Sri Lankan people.”

The enjoining order, which had prevented Fonterra from selling its products in Sri Lanka, was overturned in the Gampaha District Court last Friday.  Spierings says Fonterra will continue to work with Sri Lankan and New Zealand government authorities on a long-term sustainable solution to support its Sri Lankan customers, communities and the local dairy sector.