Acquisition Completed
Lactalis acquisition of Fonterra global consumer and associated businesses
NZ$4.2bn consideration
Announced 2025
Advisers
Mainland Group
Target
- Financial adviser
- J.P. Morgan
(as JP Morgan)
Lactalis
Acquirer
Not disclosed
Other advisers
- Legal adviser
- Target
- Mainland Group
- Acquirer
- Lactalis
- Seller
- Fonterra Co-operative Group
- Structure
- Private sale
- Completed
- 31 Mar 2026
- Sector
- Food and beverage
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Sources
- Fonterra completes sale of Mainland Group to Lactalis fonterra.com
- Sale of Mainland Group by Fonterra to Lactalis jardengroup.com
- 29 Aug 2025 Russell McVeagh guides Fonterra on $4.22bn sale of global consumer and associated businesses thelawyermag.com
- 1 Sep 2025 Russel McVeagh, HSF Kramer & Sudath Perera Advised Fonterra On Sale To Lactalis Group thedealmatter.com