date:May 28, 2014
changes in the market.
Fonterra said last August it had found a botulism-causing bacteria in a range of products, prompting a recall of products including baby formula in markets including China and Saudi Arabia. It was a false alarm, but the episode led to lost contracts for Fonterra and dented New Zealand dairy exports.
Fonterra was fined NZ$300,000 last month for the way it handled the safety scare.
Under the new arrangement, Nestle will again own and operate milk powder factories in Brazi