Fonterra's Lukas Paravicini follows CEO Theo Spierings and chairman John Wilson out the door
Lukas Paravicini, Fonterra’s chief operating officer of its consumer and foodservice business, has resigned.
Fonterra announces Managing Director Fonterra Brands NZ
Fonterra is pleased to welcome Brett Henshaw to the Co-operative as Managing Director, Fonterra Brands, New Zealand (FBNZ).
Dairy foods are earning more
Fonterra’s rapidly growing food service division will push further into sports, medical and advanced adult nutrition, chief executive Theo Spierings says.
By: Hugh Stringleman
Source: Farmers Weekly
Link: https://farmersweekly.co.nz/section/dairy/view/dairy-foods-are-earning-more
Fonterra: More room for growth
MALAYSIA continues to be an important market globally for Fonterra Co-operative Group Ltd as it pursues to develop more high-value products to serve the country’s increasing appetite for good quality dairy products. By: Farah Adilla
Fonterra's Lukas Paravicini looks to technology to protect supply chain
Fonterra has spent $20 million on new technology that allows infant formula customers to track product contents and ensure they are buying from a trusted retailer after a counterfeiting scandal rocked its Chinese joint-venture partner Beingmate Baby & Child in 2016. By Carrie LaFrenz.
Fonterra chief financial officer to take on new global consumer role
Fonterra’s numbers man, Lukas Paravicini, will become the chief operating officer of part of its global business in June.
Fonterra defends struggling Chinese partner as long-term investment
Fonterra’s Chinese business partner Beingmate expects its loss for last year to be about double its previous forecast. By
Fonterra Strikes $200 Million Facility Agreement with Bank of China
Dairy giant Fonterra said on Thursday it had established a 1.5 billion yuan ($216.36 million) multi-currency facility with the Bank of China , the first of its kind for New Zealand.
Fonterra arranges China funding
Fonterra said it had established a 1.5 billion renminbi ($300 million) multi-currency bank facility with the Bank of China, which it said it would allow greater flexibility in how it funds its Chinese operations. By Jamie Gray
Fonterra's credit rating downgraded from A to A-
Fonterra has had had its credit rating downgraded from A to A- by credit rating agency Standard and Poor’s.