Fonterra Co-operative Group Limited: Difference between revisions
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=== Overview === | |||
Fonterra Co-operative Group Limited, together with its subsidiaries, collects, manufactures, and sells milk and milk-derived products. The company offers milk powders, butter, and cheese products. It also engages in the consumer goods and foodservice businesses. In addition, the company operates 66 Farm Source retail stores; and engages in farming of fresh milk. It provides its products primarily under the Anchor, Anmum, Anlene, NZMP, Farm Source, De Winkel, Fresh 'n Fruity, Kapiti, Mainland, Mammoth, Perfect Italiano, Piako, Primo, and Symbio brands. The company has operations in New Zealand, China, rest of Asia, Australia, the United States, Europe, Latin America, and internationally. Fonterra Co-operative Group Limited was incorporated in 2001 and is headquartered in Auckland, New Zealand. | Fonterra Co-operative Group Limited, together with its subsidiaries, collects, manufactures, and sells milk and milk-derived products. The company offers milk powders, butter, and cheese products. It also engages in the consumer goods and foodservice businesses. In addition, the company operates 66 Farm Source retail stores; and engages in farming of fresh milk. It provides its products primarily under the Anchor, Anmum, Anlene, NZMP, Farm Source, De Winkel, Fresh 'n Fruity, Kapiti, Mainland, Mammoth, Perfect Italiano, Piako, Primo, and Symbio brands. The company has operations in New Zealand, China, rest of Asia, Australia, the United States, Europe, Latin America, and internationally. Fonterra Co-operative Group Limited was incorporated in 2001 and is headquartered in Auckland, New Zealand. | ||
Fonterra was formed by the amalgamation of predecessors New Zealand Co-operative Dairy Group Ltd, Kiwi Co-operative Dairies Ltd and New Zealand Dairy Board in 2001. The establishment of Fonterra was seen as a state-backed national firm for the dairy industry [1]. | |||
Prior to Fonterra being founded in 2001, the NZ Dairy Board was the only legal exporter of dairy. The uniting of these three companies was on the basis of implementation of the Dairy Industry Restructuring Act (DIRA) in 2001 which aimed to improve efficiency and international competitiveness of NZ milk and milk products. More importantly, it allowed for the merging of the three predecessors to form Fonterra, as well as removing the solitary export power from the NZ Dairy Board to allow other companies to export their dairy products internationally [1]. | |||
==== Brands ==== | |||
=== Corporate Structure === | |||
==== Board of Fonterra Shareholders’ Fund ==== | |||
Shares listed on NZX and ASX freely traded like listed securities. However, outside investors not allowed to hold shares can invest in Shareholders’ Fund to gain economic rights (e.g. distributions and capital movements similar to shares). | |||
===== '''Mary-Jane Daly - Chair of Fonterra Shareholders’ Fund''' ===== | |||
Appointed to Fonterra Shareholders’ Fund board in November 2020 and became Chair in November 2022. Currently is Chair of AIG Insurance New Zealand Limited, and an Independent Director of Kiwibank Limited, and Kiwi Property Group Limited. | |||
[[Category:Thesis]] | [[Category:Thesis]] | ||
__INDEX__ | __INDEX__ | ||
Revision as of 01:10, 22 July 2023
Overview
Fonterra Co-operative Group Limited, together with its subsidiaries, collects, manufactures, and sells milk and milk-derived products. The company offers milk powders, butter, and cheese products. It also engages in the consumer goods and foodservice businesses. In addition, the company operates 66 Farm Source retail stores; and engages in farming of fresh milk. It provides its products primarily under the Anchor, Anmum, Anlene, NZMP, Farm Source, De Winkel, Fresh 'n Fruity, Kapiti, Mainland, Mammoth, Perfect Italiano, Piako, Primo, and Symbio brands. The company has operations in New Zealand, China, rest of Asia, Australia, the United States, Europe, Latin America, and internationally. Fonterra Co-operative Group Limited was incorporated in 2001 and is headquartered in Auckland, New Zealand.
Fonterra was formed by the amalgamation of predecessors New Zealand Co-operative Dairy Group Ltd, Kiwi Co-operative Dairies Ltd and New Zealand Dairy Board in 2001. The establishment of Fonterra was seen as a state-backed national firm for the dairy industry [1].
Prior to Fonterra being founded in 2001, the NZ Dairy Board was the only legal exporter of dairy. The uniting of these three companies was on the basis of implementation of the Dairy Industry Restructuring Act (DIRA) in 2001 which aimed to improve efficiency and international competitiveness of NZ milk and milk products. More importantly, it allowed for the merging of the three predecessors to form Fonterra, as well as removing the solitary export power from the NZ Dairy Board to allow other companies to export their dairy products internationally [1].
Brands
Corporate Structure
Shares listed on NZX and ASX freely traded like listed securities. However, outside investors not allowed to hold shares can invest in Shareholders’ Fund to gain economic rights (e.g. distributions and capital movements similar to shares).
Appointed to Fonterra Shareholders’ Fund board in November 2020 and became Chair in November 2022. Currently is Chair of AIG Insurance New Zealand Limited, and an Independent Director of Kiwibank Limited, and Kiwi Property Group Limited.