Listen "Fonterra to sell 17B global business | Ep 20"
Episode Synopsis
Multiple international dairy companies, including Meiji, Lactalis, and Saputo, along with a US private equity firm, Warburg Pincus, are reportedly considering bids for Fonterra's consumer businesses. Fonterra is exploring selling its consumer-facing operations and specific regional business units to focus on high-value dairy ingredients. The potential sale could generate approximately NZ $4 billion, with a final decision on a buyer or an initial public offering (IPO) expected by mid-2025 after consulting with farmer shareholders. The IPO option, if chosen, would result in a new company called Mainland Group.♻️ Sharing is caring. If you found this useful, please feel free to share it with your network!🌐 Follow the Zenith LinkedIn page for the latest insights: https://www.linkedin.com/company/zenith-global-commercial🌐 Visit our website: www.zenithglobalcommercial.com📊 Download your free European Water Dispense & Filtration demo database (€2bln industry): https://www.zenithglobalcommercial.com/demo📞 Book a free 1-on-1 consultation call:https://www.zenithglobalcommercial.com/book-an-appointmentHow we could help you with 30+ years of experience🧀 Market data (even for cheese!)💧 Water dispense insights (BWD / POU / ITS)🔍 Finding you the right partner globally📈 Branding & growth strategy💦 Water source valuation🔬 Bespoke market research decreasing your research time to 0
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