News
Fonterra begins Beingmate share acquisition process
13 Feb 2015Fonterra has submitted to the Shenzhen Stock Exchange a partial tender offer to acquire up to 20% of Chinese infant formula manufacturer Beingmate. The offer will be open for 30 days, from 12 February until 3.00pm (China time) 13 March. It is expected that the result of the partial tender offer will be announced on 18 […]
Fonterra has submitted to the Shenzhen Stock Exchange a partial tender offer to acquire up to 20% of Chinese infant formula manufacturer Beingmate.
The offer will be open for 30 days, from 12 February until 3.00pm (China time) 13 March. It is expected that the result of the partial tender offer will be announced on 18 March.
Last August, Fonterra and Beingmate announced that they intended to form a global partnership to help meet China’s growing demand for infant formula. The partnership will create a fully integrated global supply chain from the farm gate direct to China’s consumers, using Fonterra’s milk pools and manufacturing sites in New Zealand, Australia, and Europe. It is intended to increase the volume and value of Fonterra’s ingredients and branded products exported to China.
Related news
Vitafoods Middle East and Africa to launch in Dubai in 2026
9 Jan 2026
The Vitafoods portfolio of nutraceutical events is expanding, with Vitafoods Middle East and Africa launching in September 2026 in Dubai, United Arab Emirates.
Read more
Calorie decline and claims fatigue: Euromonitor’s 2026 forecast
6 Jan 2026
Major economic shifts and growing consumer uptake of GLP-1s and AI are shaping how – and what – people eat, according to a Euromonitor market analysis.
Read more
Has ‘clean’ had its day?
22 Dec 2025
Wielding clean-label positioning and fortification as marketing levers is a dangerous strategy, and brands would be better off explaining the hows and whys of the ingredients in their products, say experts.
Read more
Celebrating the winners of the Fi Europe Innovation Awards 2025
3 Dec 2025
Food industry stakeholders celebrated as the winners of the Fi Europe Innovation Awards were announced at a ceremony in Paris.
Read more
Alternative protein startups pivot to B2B ingredients amid funding shift
27 Nov 2025
Alt protein startups are pivoting from consumer meat analogues to high-value B2B ingredients, driven by stronger investor interest, better margins, and clearer commercial pathways.
Read more
Walmart Marketplace’s record growth prompts search for UK sellers
26 Sep 2025
Walmart’s third-party e-commerce platform, Marketplace, has witnessed extraordinary growth – but a need for more product diversity has prompted the retailer to recruit UK sellers.
Read more
The winners of Vitafoods Europe Startup Challenge 2025 revealed
29 May 2025
Four startups – Yomio Drops, PFx Biotech, Revobiom, and Favamole – took top prizes at this year’s Vitafoods Europe Startup Challenge awards.
Read more
East takes on West in the fight for future food flavours
30 Apr 2025
Asian and South American flavours are now key components on global menus, driven by a growing global appetite for culinary mashups.
Read more
Food companies urged to bring ‘joy’ and urgency to healthy food mission
14 Mar 2025
For too long, businesses have treated health and sustainability as separate agendas – but there is growing evidence to show diets that benefit human health can also enhance that of the planet, say experts.
Read more
Entries open for inaugural Vitafoods Europe Innovation Awards
29 Jan 2025
Entries are open for the inaugural Vitafoods Europe Innovation Awards, celebrating the ingredients, finished products, partnerships, and initiatives redefining the nutraceutical landscape.
Read more