Fonterra

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Fonterra Co-Operative Group Limited
Image:FonterraLogo.png
Type Co-operative (NZX: FCGHA)
Founded Auckland, New Zealand, 2001
Headquarters Auckland, New Zealand
Key people Henry van der Heyden, Chairman
Andrew Ferrier, CEO
Guy Cowan, CFO
Industry Manufacturing
Retail (Department & Discount)
Products Fonterra Ingredients
Fonterra Brands
Fonterra Enterprises
Fonterra Milk Supply
Revenue $12.3 billion NZD
Employees 18,000+
Website www.fonterra.com
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Fonterra Co-operative Group Ltd (NZX: FCGHA), normally just Fonterra, is New Zealand's largest company by turnover. 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.

The following is a list of products, which Fonterra produces:

  • Anchor (milk)
  • Anlene
  • Mainland (cheese products)
  • Tip Top (ice cream)
  • Country Goodness
  • Yoghurt-2-Go, Calciyum, De Winkel, Fresh and Fruity, Metchnikoff, and Slimmers Choice (yoghurt)
  • Swiss Maid (dairy food)
  • Kapiti, Ferndale and Galaxy (cheese brands)
  • Brownes Calcium Plus
  • Bega (cheese products)

Fonterra wholly owns the rural retail supplier RD1, which was formed at the end of 2001 from the merger of RD1.com and the Town & Country Agri-centres, Fonterra's two rural supply companies. With revenue exceeding $440 million, RD1 is New Zealand's largest retailer of agricultural supplies to dairy farmers. It operates a network of 51 stores throughout New Zealand.

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