Farmers vote to sell Fonterra's iconic brands

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30/10/2025 8 min
Farmers vote to sell Fonterra's iconic brands

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Episode Synopsis


More than 88 percent of Fonterra's famer shareholders today voted to sell Mainland, Kapiti and Anchor to French dairy giant Lactalis for $4.2 billion. Winston Peters' has labelled the decision utter madness, economic self-sabotage and an outrageous short-sighted sugar hit. It's estimated farmer shareholder will get an average tax free payout of about $392,000. Chair of Fonterra's coperative council and farmer, John Stevenson spoke to Lisa Owen.

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