Fonterra (NZX: FCG) is a cooperative headquartered in Auckland, New Zealand that owns 2 consumer brands, and has 1 recorded transaction.[1]
Fonterra is a co-operative owned by New Zealand dairy farmers and collects most of the country's milk, which makes it central to an economy where dairy is the largest goods export. It sold its global consumer business — Anchor, Mainland and the rest — to Lactalis on 31 March 2026 and returned $3.2 billion of the proceeds to its farmer shareholders, describing itself afterwards as a New Zealand farmer-owned global business-to-business dairy provider. It retains the Anchor consumer brand in Greater China, and now sells to customers worldwide under NZMP and Anchor Food Professionals.
Fonterra sold its entire global consumer business to Lactalis, agreeing the sale in August 2025 for NZ$3.845 billion and completing it on 31 March 2026; resolving a separate dispute with Bega Cheese took total proceeds to NZ$4.22 billion. It moved a century of New Zealand household dairy brands, Anchor and Mainland among them, to a French family company in a single transaction, and turned Fonterra into a business-to-business supplier that now sells milk and ingredients to the buyer of its own brands under agreements running at least ten years. Fonterra kept the Anchor consumer brand in Greater China.
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
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