Fonterra

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**Fonterra Co-Operative Group Limited**
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Type	Co-operative (NZX: FCGHA)
Founded	Auckland, New Zealand, 2001
Headquarters	Auckland, New Zealand
Key people	Henry van der Heyden, Chairman Andrew Ferrier, CEO Guy Cowan, CFO
Industry	Manufacturing Retail (Department & Discount)
Products	Fonterra Ingredients Fonterra Brands Fonterra Enterprises Fonterra Milk Supply
Revenue	$12.3 billion NZD
Employees	18,000+
Website	www.fonterra.com

*Cooperatives*

Types of Co-operatives
Housing cooperative Building cooperative Retailers' cooperative Utility cooperative Worker cooperative Social cooperative Consumers' cooperative Agricultural cooperative Credit union Cooperative banking Cooperative federation Cooperative union Cooperative wholesale society Mutual insurance
*The Rochdale Principles*
Voluntary and open membership Democratic member control Member economic participation Autonomy and independence Education, training, and information Cooperation among cooperatives Concern for community
*Political and Economic Theories*
Anarchism Cooperative federalism Cooperative individualism Owenism Third way Socialism Socially responsible investing Social enterprise
Key Theorists
Robert Owen William King The Rochdale Pioneers G.D.H. Cole Charles Gide Beatrice Webb Friedrich Raiffeisen David Griffiths
Organizations
List of cooperatives List of cooperative federations International Co-operative Alliance Co-operative Party
· v • d • e

Fonterra Co-operative Group Ltd (NZX: FCGHA), normally just Fonterra, is New Zealand's largest company by turnover. As a cooperative company, Fonterra is owned by approximately twelve thousand individual farmers throughout the country and it is the fifth-largest dairy company in the world.

Fonterra was established in October 2001 as a merger of the two largest New Zealand dairy cooperatives and the New Zealand Dairy Board. The intent of the merger was to create a single company to manage the supply chain for a significant proportion of the New Zealand dairy industry.

The company has an annual turnover of around US$8 billion. Its core business consists of exporting dairy ingredients products under the NZMP brand (95% of its New Zealand production is exported). It also operates a fast moving consumer goods business for dairy products under Fonterra Brands. Fonterra has a number of subsidiaries and joint venture dairy companies operating in markets around the world.

[edit] Brands

The following is a list of products, which Fonterra produces:

Anchor (milk)
Anlene
Mainland (cheese products)
Tip Top (ice cream)
Country Goodness
Yoghurt-2-Go, Calciyum, De Winkel, Fresh and Fruity, Metchnikoff, and Slimmers Choice (yoghurt)
Swiss Maid (dairy food)
Kapiti, Ferndale and Galaxy (cheese brands)
Brownes Calcium Plus
Bega (cheese products)

[edit] Subsidiaries

Fonterra wholly owns the rural retail supplier RD1, which was formed at the end of 2001 from the merger of RD1.com and the Town & Country Agri-centres, Fonterra's two rural supply companies. With revenue exceeding $440 million, RD1 is New Zealand's largest retailer of agricultural supplies to dairy farmers. It operates a network of 51 stores throughout New Zealand.