Acquiring Company
Lactalis
Acquired Company
Fonterra
Pays De La Loire
AucklandFood and BeverageAgriculture and FarmingFood and BeverageAgriculture and FarmingFood ProcessingFood ProductionDescription
Lactalis has acquired Fonterra's consumer business, impacting Fonterra's global dairy rankings. This acquisition allows Lactalis to strengthen its position as the world's largest dairy company. Fonterra will focus on its core strengths in dairy ingredients, aiming for improved profitability. The deal reflects ongoing consolidation in the dairy industry.
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Based on deal dataFrequently asked
Who acquired Fonterra?
Fonterra was acquired by Lactalis, based in Pays De La Loire. The deal was reported on August 27, 2026. Lactalis is the largest dairy business globally. The French multinational generated over €30bn in revenue in the last financial year, with a focus on strategic acquisitions to strengthen its market position. Lactalis is privately held and operates in Food and Beverage.
When did Lactalis acquire Fonterra?
Lactalis's acquisition of Fonterra was reported on August 27, 2026. Lactalis has acquired Fonterra's consumer business, impacting Fonterra's global dairy rankings. This acquisition allows Lactalis to strengthen its position as the world's largest dairy company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fonterra do?
Fonterra is a multinational dairy co-operative owned by around 10,000 New Zealand dairy farmers and is responsible for nearly 30% of the world's dairy exports. It produces a range of dairy products, predominantly butter, cheese, and milk powder. It is privately held, operating in Food and Beverage, and is based in Auckland.
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