Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Rising global demand for dairy and fruit beverages has prompted Fonterra to team up with a Hawke’s Bay company to make new products.
Fonterra Brands New Zealand and Apollo Foods, a start-up company, will install plant at the Apollo premises in Whakatu, Hawke’s Bay, to make fruit and dairy beverages for the NZ market.
Apollo’s beverage filling technology will enable it to make a range of containers and fill them with different products on the one production line.
Good quality control will retain the products’ fresh taste, allowing a long shelf life, hence retailers will be able to stock an extensive range.
Fonterra Brands NZ general manager Leon Clement says the rising global demand for dairy and fruit beverages is a great opportunity.
“As high-quality drinks play a bigger role in consumers’ diets, NZ companies have opportunities to add value [and create] future brands.”
The Apollo Foods plant will have capacity for millions of litres of beverages each year and will enable the companies to lead in their respective categories.
Ross Beaton, managing director at Apollo Foods managing director Ross Beaton applauds the deal.
Hastings mayor Sandra Hazlehurst says the deal results from 18 months effort by Hastings District Council and Apollo Foods.
“It cements our beautiful district as a leader in food production,” she says.
The plant was commissioned last month and is now making Mammoth flavoured, low-sugar milk with a shelf life of six months.
Other new beverages will follow.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
OPINION: The distress that the politicians and bureaucrats are causing to the people of Wairoa and the wider Tairāwhiti is unforgivable.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.