date:Dec 14, 2022
nvestment for us, and the sale allows us to prioritize our resources to the businesses that are core to our strategy.
Hurrell also highlights that the sale was delayed due to market conditions related to COVID-19. In May 2019, Fonterra and Nestl began reviewing their strategic options for the future ownership of their DPA Brazil. DPA Brazil has been held for sale in Fonterras financial statements since January 2020.
Key Latin American dairy player
Fonterra and Nestl created DPA in 2003 to manu