Fonterra
New Zealand dairy co-operative Fonterra’s turnover of £9.17bn makes it the fourth biggest dairy business in the world.
Fonterra employs 16,000 people across more than 100 countries and collects 22bn litres of milk a year.
Earlier this week, Fonterra signed a five-year strategic agreement with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to drive innovation in sustainable farming, manufacturing, health, nutrition and consumer dairy products.
The agreement will allow CSIRO to support Fonterra through its industrial know-how and scientific capability in remote sensing, resource engineering, ecosystem, food and water.
Fonterra chief technology officer Dr Jeremy Hill said, “We intend our partnership with CSIRO to develop a range of solutions to address Fonterra’s science and technology needs.”