Fonterra is trying to reduce debt and to put less emphasis on overseas ventures, including its former expansion in China.

Inner Mongolia Natural Dairy Co., Ltd., a subsidiary of China Youran Dairy Group Ltd., has agreed to purchase Fonterra’s two farming-hubs in Ying and Yutian for NZ$513 million.

Additionally, Fonterra is selling 85% interest in its Hangu farm to Beijing Sanyuan Venture Capital Co., Ltd., for NZ$42 million. Before the purchase, Sunyuan owned a 15% minority share in the farm.

The number of dairy producers across Britain stood at an estimated 7,200 in October 2024, according to figures released by the AHDB.

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