Fonterra farmers overwhelmingly approve sale of brands to Lactalis

Thursday 30 October 2025 · 5 outlets · 9 reports · updated Thu 30 Oct 2025, 9:52pm

In this story Winston Peters, NZ First, ASB, Fonterra, Lactalis

Fonterra shareholders have voted in favour of selling consumer brands, including Anchor and Mainland, to French company Lactalis. The deal is valued at approximately $4.2 billion. The sale marks a shift in focus towards advanced ingredients and food service products.

How they headlined it

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1. RNZThu 30 Oct 2025, 5:00am

   Sale of Fonterra's consumer business expected to get shareholder approval (opens in new tab)

   • What will farmers spend their $200,000 each on if Fonterra sale goes through? (opens in new tab) Thu 30 Oct 2025, 6:32am
   • Farmers vote to sell Fonterra's Mainland, Anchor brands (opens in new tab) Thu 30 Oct 2025, 12:09pm
   • Farmers' backing of Fonterra brands' sale carefully considered - chair (opens in new tab) Thu 30 Oct 2025, 9:52pm
2. NZ HeraldThu 30 Oct 2025, 9:42am

   Fonterra sale: Economists see payout boosting provincial spending (opens in new tab)

   • What’s next for Fonterra after farmers vote firmly in favour of $4.2b Mainland sale (opens in new tab) Thu 30 Oct 2025, 5:00pm
3. 1NewsThu 30 Oct 2025, 11:41am

   Farmers agree to sale of Fonterra's consumer brands (opens in new tab)

4. StuffThu 30 Oct 2025, 11:42am

   Fonterra farmers overwhelmingly back $4.2b sale of Anchor and Mainland brands to French dairy giant (opens in new tab)

5. Otago Daily TimesThu 30 Oct 2025, 11:42am

   'Utter madness': Farmers vote to sell iconic dairy brands to French company (opens in new tab)