date:Dec 14, 2022
facture and commercialize dairy products throughout Latin America. In 2014, the joint venture refocused its activities on Brazil and chilled dairy.
Fonterra holds a 51% stake and Nestl 49%. DPA operates two plants and employs 1,300 people. Nestl, Chamyto, Ninho, Chandelle, Chambinho, Neston and Molico are among the brands marketed by DPA in Brazil.
The sale is subject to receipt of regulatory approvals from competition authorities. Fonterras previously announced FY23 earnings guidance will con