Posts Tagged: New Zealand

Constellation Brands, E. & J. Gallo Winery sign revised deal to address FTC concerns

US drinks companies Constellation Brands and E. & J. Gallo Winery have agreed to revise their previously announced $1.7 billion deal in order to address regulatory concerns, as per the latest drinks acquisition news. Constellation Brands said that the revisions to the transaction are to resolve competitive issues brought up by the US Federal Trade […]

Fonterra plans to consolidate specialty cheese production plants after annual net loss

Fonterra Co-operative Group, a New Zealand multinational dairy co-operative, is planning to consolidate its specialty cheese production plants following poor annual financial performance for FY19. The co-operative, with two specialty cheese production facilities sites operated by Fonterra Brands New Zealand, will move its Te Roto operations to Eltham Bridget Street. Fonterra announced its FY19 annual […]

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