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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Fonterra exits remaining China farms

Co-op announces sale of Abbott joint venture to Singaporean buyer.

NBR staff
Mon, 28 Jun 2021

Fonterra has agreed to sell its two joint venture farms in China to a subsidiary of Singapore-based agribusiness conglomerate Japfa for a combined total of US$115.5 million.

The farms in Shandong province were established through a partnership with US-based multinational Abbott in

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NBR staff
Mon, 28 Jun 2021
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Fonterra exits remaining China farms
General Business,
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