Lactalis in front to acquire Fonterra’s Australian dairy assets after ACCC clearance
The world's largest dairy company may be in pole position to acquire Fonterra's Australian assets.
Smit and sitting director Michael Spaans were voted in by shareholders; Canterbury farmer Stuart Nattrass was unsuccessful.
Smit lives and farms at Edgecumbe; building and owning even dairy farms in Eastern Bay of Plenty and Oamaru.
She is a director of Ballance Agri Nutrients and Primary ITO, and a Trustee of Taratahi Agricultural Training Centre and Eastern Bay Energy Trust. A charted accountant by profession, she was company administrator at Kiwifruit Cooperative
EastPack for 24 years.
Smit will join the board at Fonterra’s annual meeting in Darfield on Thursday.
