Fonterra to sell consumer brands to Lactalis for $3.845 billion

Friday 22 August 2025 · 5 outlets · 4 reports · updated Fri 22 Aug 2025, 4:35pm

In this story Fonterra, Miles Hurrell, Lactalis

Fonterra has agreed to sell its consumer and associated businesses, including the Anchor and Mainland brands, to French company Lactalis. The $3.845 billion deal involves several global brands and requires approval from Fonterra's farmer shareholders.

How they headlined it

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1. 1NewsFri 22 Aug 2025, 9:17am

   Fonterra to sell consumer businesses - including Mainland and Anchor - for $3.8b (opens in new tab)

2. Otago Daily TimesFri 22 Aug 2025, 9:22am

   Fonterra sells Mainland, Anchor brands to French food giant (opens in new tab)

   Also on RNZ (opens in new tab)

3. NZ HeraldFri 22 Aug 2025, 12:38pm

   Dairy co-operative Fonterra selling Anchor, Mainland, Kāpiti: What does it mean for consumers? (opens in new tab)

4. StuffFri 22 Aug 2025, 4:35pm

   What Fonterra’s $3.85b deal to sell iconic brands means for Kiwi shoppers and farmers (opens in new tab)