NZ Dairy Sector Flags Gaps in India FTA
New Zealand’s dairy industry has highlighted major limitations in the India-New Zealand Free Trade Agreement (FTA), stating that the deal offers limited gains for dairy exporters despite broader benefits for other sectors. According to submissions made by the Dairy Companies Association of New Zealand (DCANZ) to Parliament’s select committee, the side agreement linked to the…
NZ Dairy Farmers Set for Multi-Billion Windfall
New Zealand dairy farmers are set to receive a record multi-billion-dollar, tax-free capital payout following the sale of Fonterra Co-operative Group’s consumer brands business, with proceeds from the NZ$4.2 billion deal being distributed to around 8,000 farmer-shareholders. The average payout is estimated at about NZ$400,000 per farm, marking one of the largest cash injections into…
Mega dairy deals reshape New Zealand sector
New Zealand’s dairy landscape is undergoing a major transformation with two significant acquisitions completed this week, signaling a strategic shift in global dairy investments. French giant Lactalis has taken over Fonterra’s global consumer and related businesses in a deal valued at $4.2 billion, effective March 31, 2026. The acquisition includes the Mainland Group, featuring iconic…