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Fonterra cleared to acquire NZDL processing assets
date:Sep 08, 2012
incentive and ability to depress the prices it pays farmers for raw milk in the South Canterbury and North Otago regions.

Berry added that given the Studholme plants status as a manufacturing for export facility, the Commerce Commission felt it was not necessary to consider downstream markets such as butter and cheese.

Fonterra, which currently processes around 90% of the raw milk produced in New Zealand, has welcomed the decision.

The investment in the Studholme plant underpins our commitme

12/23 00:09