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Fonterra takes stake in Lithuanian dairy producer to strengthen supply chain

New Zealand’s Fonterra Co-operative Group has deepened a long-standing commercial agreement with Lithuania’s biggest dairy producer, AB Rokiskio Suris, taking a 10 percent shareholding in the company. Ranked by Rabobank as the world’s sixth largest dairy company by turnover in 2017, Fonterra has invested €7.1 million (US$8.2 million) in Rokiskio, securing a supply line of high-value whey ingredients while opening up product options across Europe and the Middle East.

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