Fonterra Oceania To Provide Dairy-Based Nutritionals To Infant Formula Maker

Australian infant formula company Bellamy’s has contracted with dairy supplier Fonterra Oceania to provide nutritional ingredients for its products. Fonterra says the five-year, multimillion-dollar agreement is part of the “transformation of its Australian business,” especially in the area of nutritionals. The company says its Australian business is particularly strong in ingredients like cheese, whey and nutritionals. The deal with publicly-traded Bellamy’s Australia “reaffirms our strength in nutritionals.”