Fonterra

Fonterra's story is deeply rooted in the rich pastoral landscapes of New Zealand, a journey that began long before its official inception. The nation's dairy industry itself can be traced back to 1814, with the introduction of the first cattle. Over the subsequent century and a half, the industry grew organically, with the establishment of the first dairy co-operative in 1871, a model that would become the cornerstone of New Zealand's dairy sector. This spirit of co-operation and collective endeavor culminated in the landmark formation of Fonterra in October 2001. This pivotal moment saw the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group and Kiwi Co-operative Dairies, along with the New Zealand Dairy Board, which had long served as the international marketing arm for the nation's dairy products. The name 'Fonterra' itself, derived from the Latin 'fons de terra', meaning 'spring from the land', encapsulates the very essence of the company's origins and its connection to the natural resources of New Zealand.

From its formation, Fonterra embarked on a path of significant growth and global expansion, solidifying its position as a world leader in dairy. Owned by thousands of New Zealand farming families, the co-operative structure ensures that the very people who produce the milk are at the heart of the business. This unique model has enabled Fonterra to become responsible for approximately 30% of the world's dairy exports, making it New Zealand's largest company. Its global reach extends to over 140 countries, with a diverse portfolio of consumer brands, foodservice solutions, and high-value ingredients. The company's commitment to innovation is evident in its world-class research and development centers, which have pioneered numerous advancements in dairy science and technology. Despite its global scale, Fonterra remains deeply connected to its local communities and its farmer shareholders, continually striving to deliver value and uphold its legacy of providing high-quality dairy nutrition to the world, a narrative of a journey from the pastures of New Zealand to the tables of millions globally.