Fonterra slides to fourth in world dairy rankings
date:Jul 21, 2012
The New Zealand-based dairy exporter, which placed third in last years RabobankGlobal Dairy Top 20, recorded turnover of $15.7bn (11.3bn) in 2011 more than $3bn short of the $18.8bn (13.5bn) achieved by Lactalis.

The Global Dairy Top 20is developed by Netherlands-based Rabobank, to highlight the whos who of dairy.

Lactalis, which has seen sales increase significantly through its acquisition of Italian dairy group Parmalat, looks to be creeping up on second place Danone, which recorded turno
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