Fonterra to go ahead with Dutch cheese factory partnership   4 Mar 2013

Article - BusinessDesk

 

Fonterra to go ahead with Dutch cheese factory partnership

March 4 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, is going ahead with a plan to build a cheese plant and dairy ingredient factory in the north of the Netherlands with Dutch dairy firm A-ware Food Group.

The dairy companies will develop a greenfield site in Heerenveen where A-ware will operate a cheese plant and Fonterra the ingredients unit alongside, Fonterra said in a statement. Cheese will be produced for A-ware's customer base in Europe, with the whey and lactose produced processed into ingredients for Fonterra's clients.

"Fonterra has substantial intellectual property in the manufacture of functional whey protein ingredients and has been looking for some time for a source of high quality whey to enable it to commercialise these innovations for customers around the world," Fonterra chief executive Theo Spierings said.

Fonterra boss Spierings has an intimate knowledge of the Dutch dairy sector, overseeing the merger of cooperative Royal Friesland Foods with Campina in 2008, before joining the New Zealand firm in 2011.

The New Zealand dairy exporter has embarked on a new strategy that includes a bigger focus on advanced nutritional needs for babies and ageing populations, as well as growing its presence in emerging Asian nations.

Fonterra and A-ware started looking at the joint venture in May last year, with both dairy groups looking for a new pivot in their respective supply chains.

(BusinessDesk)

Add a comment

Bookmark and Share

News

Huge experience on transition advisory board

22 Dec 2014 News
New Zealand Government Huge experience on transition advisory board   Canterbury Earthquake Recovery Minister Gerry Brownlee has... more

Top BBC executive publicly endorses key Zionist mantra

22 Dec 2014 News
Article - Redress Information Top BBC executive publicly endorses key Zionist mantra   A senior BBC executive has publicly come... more

Business

MARKET CLOSE: NZ shares rise led by NZOG; Kathmandu slides

22 Dec 2014 Business News
By Suze Metherell Dec. 22 (BusinessDesk) - New Zealand shares rose, led by New Zealand Oil and Gas after it bought a cornerstone... more

PGG Wrightson reaffirms 2015 earnings growth

22 Dec 2014 Business News
By Suze Metherell Dec. 22 (BusinessDesk) - PGG Wrightson, the rural services firm controlled by China's Agria Corp, has affirmed... more

Living

Hobbit defies box office predictions

22 Dec 2014 Entertainment
The Hobbit; The Battle of the Five Armies has topped US$355 million at the international box office after a week on release and a... more

Bringing Ciclovía back to the people of Wellington

20 Dec 2014 Lifestyle
"Let's do this every Sunday!" was the cry from the thousands of participants in this year's inaugural Ciclovía event on the... more

Property

Kiwi Property buys Apex Mega Centre for $64 mln

22 Dec 2014 Property
By Suze Metherell Dec. 22 (BusinessDesk) - Kiwi Property Group, formerly Kiwi Income Property Trust, has agreed to buy Apex Mega... more

Affordable housing development agreement signed

18 Dec 2014 Property
The Government has signed a development agreement for the construction of 237 homes as part of its affordable housing project on an... more

Migration

Overstayer numbers at record low

22 Dec 2014 Migration
Immigration Minister Michael Woodhouse welcomes new figures showing New Zealand overstayer numbers are at the lowest since 2000. A... more

Immigration rises to a fresh annual record

19 Dec 2014 Migration
Immigration rises to a fresh record, fuelled by returning kiwis, Indian students By Suze Metherell Dec. 19 (BusinessDesk) - New... more

Travel

Air New Zealand takes out win on World's Top Ten Airlines

18 Dec 2014 Travel & Tourism
AirlineRatings.com has announced along with its Airline Excellence Awards its Top Ten airlines for 2015. Heading the list is... more

Tourism Holdings lifts annual profit forecast to $17 million

18 Dec 2014 Travel & Tourism
By Suze Metherell Dec. 18 (BusinessDesk) - Tourism Holdings, the biggest campervan rental company in Australia and New Zealand, has... more

Sport

Hart is in the Right Place

22 Dec 2014 Motor Sport
DECEMBER 23, 2014: The motorcycle road-race season is coming together nicely for Bay of Plenty ace Duncan Hart. The 38-year-old ... more

New Zealand Cricket bolsters website capability

22 Dec 2014 Cricket
BLACKCAPS website migrates to Microsoft Azure to manage high fan traffic AUCKLAND, 22 December 2014, New Zealand – Ahead of... more

Columns

Gordon Campbell on the dumping of bad news at Christmas

22 Dec 2014 Opinion
By Gordon Campbell If the government really did have good tidings of great joy you can bet it wouldn’t be strewing them about... more

Gordon Campbell on the Pakistan schoolchildren killings

18 Dec 2014 Column
by Gordon Campbell The slaughter of the children in Pakistan is incomprehensibly awful. On the side, it has thrown a spotlight onto... more

Kiwi Success

DreamCatchers launched in UK

18 Dec 2014 People
In association with Kea, The New Zealand High Commission and The New Zealand Society, Dream Catchers was launched at New Zealand House... more

Inspiring Stories :Young Kiwis Making a Difference

8 Dec 2014 People
Wellington, December 8th – At only 15 years old, Auckland student Hunter Williams is the youngest winner of the Inspiring... more

Recruitment

Better work opportunities for disabled people

22 Dec 2014 Recruitment
Minister for Disability Issues Nicky Wagner welcomed the release of the ‘Disability and the labour market’ report from ... more

Job ads trending down, says ANZ survey

19 Dec 2014 Recruitment
By Fiona Rotherham Total job advertising has taken an end-of-year dip, falling 0.1 per cent in November after seasonal adjustments,... more