Fonterra Company Description
Green, lush, and overflowing with cows, New Zealand makes more milk than it can drink. Citizens use what they can, and Fonterra Co-operative Group sells the extra fluid milk and value-added milk products around the world through its principal marketing arms, New Zealand Milk Products (NZMP) and Fonterra Brands. While NZMP is the world's #1 supplier of industrial dairy ingredients (offering more than 1,000 products), it produces fluid milk and other consumer dairy products sold worldwide. One of New Zealand's largest companies, Fonterra was founded in 2001 as a result of the merger of the New Zealand Dairy Group and Kiwi Co-operative Dairies. Fonterra represents some 11,000 dairy farmers.
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The Company Description provides a historical perspective of Fonterra's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Fonterra's evolution in the marketplace.
