Fonterra, NZDF swap businesses

08/12/2005 | Food Business Review

New Zealand dairy companies Fonterra and New Zealand Dairy Foods have agreed to sell each other certain brands, associated operations and assets valued at a total of $827 million. Fonterra's gains include the Anchor Milk and Fresh'n'Fruity yogurts, while NZDF is acquiring Meadow Fresh beverages and yogurts and Kiwi Meats.

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