Fonterra's biggest shareholder, ex-director Colin Armer, says it’s unbelievable the co-op’s directors and management have lost so much money.
Their start-up business Spout Alternatives aims to supply milk in reusable 10L kegs piped to dispensers - like your draught beer.
They partnered with Dunedin cafe The Corner Store to pilot the idea and are now ready to go public.
They suppled Holy Cow milk from Port Chalmers dairy farmer Merrall MacNeille. The 10L stainless steel kegs suppled the cafe’s dispensing system. One keg displaces five 2L plastic containers.