date:Jun 01, 2012
Under the agreement, A-ware Food Group will operate a new cheese plant and Fonterra will operate a dairy ingredients plant alongside this.
Fonterra will process whey and lactose produced at A-ware's cheese factory to produce premium nutritional ingredients. Fonterra will supply these nutritional ingredients to its customers throughout Europe and Asia.
Fonterra CEO Theo Spierings said that in order to optimise returns, the company is producing more milk powders and therefore it needs alternativ