Peter McBride sees Fonterra’s proposed sale of its consumer business as a pivotal step in refocusing the co-operative’s strategy and strengthening long-term farmer returns.

In this episode, Anne Lee speaks with the Fonterra Chairman about the rationale behind the sale to Lactalis, what’s included in the deal, and how it aligns with the co-op’s vision to concentrate on ingredients and foodservice. He explains how the move will help sharpen Fonterra’s focus, unlock value for farmer shareholders, and position the business to compete more effectively in global markets.

 

Host:
Anne Lee, Senior Journalist, Dairy Country

Guest:
Peter McBride, Chairman, Fonterra

 

Peter McBride talks about Fonterra’s strategic shift, explaining why the sale of its consumer business to Lactalis is designed to strengthen the co-op’s focus on ingredients and foodservice. He outlines how the move supports farmer returns, simplifies the business, and positions Fonterra for greater global competitiveness, while retaining strong connections to key markets and brands.

He reflects on the journey of rebuilding trust and confidence among farmers, balancing financial performance with long-term sustainability, and making complex strategic decisions underpinned by careful analysis and governance. Looking ahead, Peter says Fonterra is focused on deepening customer relationships, driving innovation in high-value products, and ensuring New Zealand dairy remains resilient and competitive on the world stage.

Peter McBride sees Fonterra&rsquo;s proposed sale of its consumer business as a pivotal step in refocusing the co-operative&rsquo;s strategy and strengthening long-term farmer returns.
In this episode, Anne Lee speaks with the Fonterra Chairman about the rationale behind the sale to Lactalis, what&rsquo;s included in the deal, and how it aligns with the co-op&rsquo;s vision to concentrate on ingredients and foodservice. He explains how the move will help sharpen Fonterra&rsquo;s focus, unlock value for farmer shareholders, and position the business to compete more effectively in global markets.
&nbsp;
Host:
<ul>
<li aria-level="1">Anne Lee, Senior Journalist, Dairy Country</li>
</ul>
Guest:
<ul>
<li aria-level="1">Peter McBride, Chairman, Fonterra</li>
</ul>
&nbsp;
Peter McBride talks about Fonterra&rsquo;s strategic shift, explaining why the sale of its consumer business to Lactalis is designed to strengthen the co-op&rsquo;s focus on ingredients and foodservice. He outlines how the move supports farmer returns, simplifies the business, and positions Fonterra for greater global competitiveness, while retaining strong connections to key markets and brands.
He reflects on the journey of rebuilding trust and confidence among farmers, balancing financial performance with long-term sustainability, and making complex strategic decisions underpinned by careful analysis and governance. Looking ahead, Peter says Fonterra is focused on deepening customer relationships, driving innovation in high-value products, and ensuring New Zealand dairy remains resilient and competitive on the world stage.

DAIRY Country is your mainstay in dairy farming as your trusted source for adding value to your dairy farming business with seasonal on farm stories and exclusive technical advice weekly with your host, Anne Lee.

Formally the NZ Dairy Exporter since 1925, DAIRY Country is part of the CountryWide network based in Canterbury, New Zealand.

Get in touch with our Anne Lee - anne@countrywidemedia.co.nz if you have a great insight to share with our
thousands of readers and listeners in New Zealand and around the world.

Don’t miss our weekly episodes of the DAIRY Country Podcast by hitting the subscribe button now and join our DAIRY Country weekly email newsletter to get the latest in-depth stories in your mailbox so you are always ahead of the game in the
business of dairy farming into the future.

DAIRY Country is your mainstay in dairy farming as your trusted source for adding value to your dairy farming business with seasonal on farm stories and exclusive technical advice weekly with your host, Anne Lee.
Formally the NZ Dairy Exporter since 1925, DAIRY Country is part of the CountryWide network based in Canterbury, New Zealand.
Get in touch with our Anne Lee - anne@countrywidemedia.co.nz if you have a great insight to share with our thousands of readers and listeners in New Zealand and around the world.
Don&rsquo;t miss our weekly episodes of the DAIRY Country Podcast by hitting the&nbsp;subscribe button now and <a href="https://dairyexporter.co.nz/sign-up/">join our DAIRY Country weekly email newsletter</a> to get the&nbsp;latest in-depth stories in your mailbox so you are always ahead of the game in the business of dairy farming into the future.