Analysts said First Pacific was also keen to take advantage of Goodman's New
Zealand dairy business by exporting milk to Indonesia and Malaysia.
Not exact matches
Bega Cheese has made a bold strategic shift with a $ 460 million deal taking the
dairy processor into branded consumer goods after snapping up names such as Vegemite and KRAFT Mac & Cheese from Mondelēz International's Australia and New
Zealand business.
Dairy farmers and processors in the European Union are expected to meet the bulk of Russia's fresh demand, which will reduce competition in New
Zealand's key markets such as China, says the report, NZ's
Dairy Cattle Farming, by the global
business research company IBISWorld.
The world's biggest
dairy exporter, New
Zealand's Fonterra, said its Australian arm is a
business in turnaround at its interim result last week as chief executive Theo Spierings reaffirmed Fonterra's commitment to Australia after years of poor performances.
Europe is flooding that market with more and more milk products, and the U.S. has to compete with other
dairy giants like Australia and New
Zealand for Korea's
business.
WELLINGTON (Reuters)- The head of Fonterra's New
Zealand milk products
business resigned on Wednesday, less than two weeks after the world's biggest
dairy exporter said some of its products could contain a bacteria that can cause botulism.