Fonterra Co-operative Group has reached agreement to buy an additional 42.6% shareholding in Chilean dairy company Soprole from Fundacion Isabel Aninat.

Fonterra revealed today (29 April) that it has increased its holdings in Chilean dairy company Soprole. The New Zealand dairy giant said that it has purchased an additional 42.6% of the company ...

Fonterra has sold its Chile dairy assets to Peru’s Gloria Foods for CLP591.07bn (US$641m).. The group, owned by 10,000 New Zealand farmers, said it wants to focus on its domestic production.

Fonterra is to sell its Chilean business Soprole to Gloria Foods in a deal worth 591.07 Chilean Pesos or around $1.055 billion. Fonterra’s predecessor, the Dairy Board, bought a controlling ...

Fonterra has today provided an update on the sale of its Chilean Soprole business to Gloria Foods - JORB S.A. (Gloria Foods). As announced in November 2022, the sale is subject to a number of ...

The New Zealand dairy industry first invested in Soprole in 1986. Photo / File. Dairy company Fonterra could “realistically” return $600 million to $700m capital to shareholders and ...