31 Oct 2025

Fonterra votes to sell Anchor and Mainland to Lactalis

From Morning Report, 7:18 am on 31 October 2025

Fonterra shareholders have voted in support of the the sale of its major brands, including Mainland and Anchor, to French dairy giant Lactalis. More than 88 percent of the votes cast at a special meeting backed the $4.4 billion sale. Fonterra CEO Miles Hurrell spoke to Corin Dann.