The New Zealand Dairy Board (NZDB) was a statutory board in control of the export of all New Zealand dairy products from its formation in 1923 until 2001. [1] [2] It operated through a global network of marketing subsidiaries.
In 2001, the Dairy Board was merged with the two largest New Zealand dairy cooperatives (which represented 96% of the industry) to a company initially called GlobalCo, but shortly afterwards renamed Fonterra. [3] [4]
The merger required approval from the Commerce Commission, which it declined, so a special Act of Parliament, the Dairy Industry Restructuring Act 2001 was passed allowing the merger to occur. [3]
See also
- Fonterra
- New Zealand Meat Producers Board 1922
- New Zealand Wool Board 1944
- Dairy farming in New Zealand
- Agriculture in New Zealand
References
- ^ Dairy Produce Export Control Act 1923
- ^ "Dairy Board Act 1961"
- ^
a
b Herald online staff, Reuters (18 June 2001).
"'Huge responsibility' on GlobalCo to perform". New Zealand Herald News. www.nzherald.co.nz. Retrieved 14 October 2010.
{{ cite news}}:|author=has generic name ( help) - ^ "Global Co renamed Fonterra". The New Zealand Herald. 27 August 2001. Retrieved 15 February 2017.
External links
- Our history at Fonterra
The New Zealand Dairy Board (NZDB) was a statutory board in control of the export of all New Zealand dairy products from its formation in 1923 until 2001. [1] [2] It operated through a global network of marketing subsidiaries.
In 2001, the Dairy Board was merged with the two largest New Zealand dairy cooperatives (which represented 96% of the industry) to a company initially called GlobalCo, but shortly afterwards renamed Fonterra. [3] [4]
The merger required approval from the Commerce Commission, which it declined, so a special Act of Parliament, the Dairy Industry Restructuring Act 2001 was passed allowing the merger to occur. [3]
See also
- Fonterra
- New Zealand Meat Producers Board 1922
- New Zealand Wool Board 1944
- Dairy farming in New Zealand
- Agriculture in New Zealand
References
- ^ Dairy Produce Export Control Act 1923
- ^ "Dairy Board Act 1961"
- ^
a
b Herald online staff, Reuters (18 June 2001).
"'Huge responsibility' on GlobalCo to perform". New Zealand Herald News. www.nzherald.co.nz. Retrieved 14 October 2010.
{{ cite news}}:|author=has generic name ( help) - ^ "Global Co renamed Fonterra". The New Zealand Herald. 27 August 2001. Retrieved 15 February 2017.
External links
- Our history at Fonterra