Abstract
This article looks at Fonterra’s investments into the Latin American dairy industry. It traces the development of the New Zealand co-operative from exporter of New Zealand dairy products to investor into other countries. It explains why Latin America is a particular focus of this expansion, and outlines the Dairy Partners America alliance with NestlÉ. The article narrates the controversies and achievements of Fonterra’s involvement in Chile, the site of most investment, before considering how New Zealand involvement affects the development of the Chilean dairy industry.
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