Fonterra Australia is matching its push to secure additional milk volumes with over AU$165 million (€107m) in capital expenditure in this financial year at its Victoria and Tasmania sites.
Arla Foods and German dairy company DMK Group have signed a third-party manufacturing contract that will see DMK produce 35,000 tons of mozzarella cheese for Arla per year at its Nordhackstedt site in northern Germany.
Fonterra has announced that its foodservice business Anchor Food Professionals has opened a dairy innovation kitchen in Sri Lanka, a first for the country.
Principal research technologist, Fonterra
As New Zealand marks the one-year anniversary of its Free Trade Agreement (FTA) with South Korea, Fonterra Co-operative Group is gearing up to take advantage of huge potential for its dairy products there, particularly cheese.
Gattai, Minoli, Agostinelli & Partners has advised the private equity firm Alto Partners SGR on the trade sale of its portfolio company, white label mozzarella cheese producer Trevisanalat, to dairy group Sabell in Italy.
Ribbon cuttings have been held to celebrate successful opening seasons for the new mozzarella plant at Fonterra’s Clandeboye site near Timaru, along with three new plants at its southernmost site at Edendale.