Fonterra Settles Legal Issue with Bega Cheese
5 Articles
5 Articles
Fonterra Settles Dispute With Bega Group, Proceeds With Nz$4.22 Billion Divestment To Lactalis
read the original version on: www.retailnews.asia Fonterra has successfully settled its disagreement with the Bega Group over Bega licenses in Australia. This settlement followed Fonterra’s decision to divest its consumer business to Lactalis, a French dairy conglomerate. Fonterra’s Divestment to Lactalis Just last week, Fonterra, headquartered in New Zealand, decided to offload its consumer and related businesses to Lactalis in a […] The post F…
Fonterra, Bega make peace in wake of Lactalis deal
Fonterra has resolved its dispute with Bega Group regarding the Bega licences in Australia, following the decision to sell its consumer business to Lactalis. Last week, New Zealand-based Fonterra agreed to sell its consumer and associated businesses to French dairy giant Lactalis for NZ$3.845 billion ($3.46 billion). The businesses own brands such as Mainland, Anchor and Perfect Italiano and hold the licences for Bega Cheese-branded products in …
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