Fonterra to open processing plant in Netherlands

Fonterra
Tuesday, 05 June, 2012


Fonterra has signed a memorandum of understanding with Netherlands-based company A-ware Food Group to establish a cheese and dairy factory in the Netherlands. The companies plan to open two factories side by side: A-ware will operate a cheese plant and Fonterra will operate a dairy ingredients plant.

Whey and lactose produced by the two plants will be processed into ‘premium nutritional ingredients’ for Fonterra’s Europe and Asia markets. Fonterra CEO Theo Spierings said the investment fits in well with Fonterra’s strategy to focus on nutrition for the vulnerable and to promote mobility among ageing populations globally.

“We have substantial intellectual property in the manufacture of functional whey protein ingredients and have been looking for some time for a source of high-quality whey to enable us to commercialise these innovations for our customers around the world,” Spierings said.

“With our New Zealand milk business driving hard to optimise returns, we are producing more milk powders in New Zealand and therefore need alternative sources of whey to meet growth requirements. We also need more lactose for our global ingredient business. This partnership will give us greater access to both.”

The two companies hope to conclude the transaction later in 2012.

Related News

Paddock-to-primals traceability system for King Island Beef

JBS Australia has announced a paddock-to-primals traceability system for its King Island Beef at...

Cracking 50 — Sunny Queen's not all in one basket

As Sunny Queen celebrates 50 years, we look at the smiley-faced egg company's diversification...

Helping to solve one of aquaculture's biggest challenges

The University of Queensland is developing a cloud-based solution that is designed to solve one...


  • All content Copyright © 2019 Westwick-Farrow Pty Ltd