Millions of Bangladeshi will soon have access to Fonterra milk
Anchor milk will soon be available to millions of people in Bangladesh with Fonterra signing a new distribution agreement.
The agreement is with ACI Agrolink Limited, a division of ACI, one of Bangladesh’s largest conglomerates. ACI business interests include pharmaceuticals, consumer brands and agribusiness.
In announcing the agreement, Fonterra said Bangladesh’s population has grown more than 10 per cent in the last 10 years and is now over 160 million people. Bangladesh accounts for more than two per cent of the world’s population.
Fonterra Managing Director of Sri Lanka and Indian Subcontinent, Sunil Sethi, said Anchor is well placed to drive growth, while improving the wellbeing of Bangladeshis.
“The Bangladesh market creates an exciting growth opportunity,” Sethi said.
“Partnerships like the one we’re announcing today will enable us to bring dairy nutrition to even more consumers across the country, so we can do well, by doing good.”
Managing Director of ACI Agrolink Limited, Dr FH Ansarey, said: “Anchor is a renowned global dairy nutrition brand and we have a shared vision alongside Fonterra to enrich people’s lives by supplying safe, high-quality dairy nutrition to the people of Bangladesh.”
- Fonterra commits to $165 million Australian expansion
- A2 Milk Company and Fonterra enter into strategic alliance
Aldi will spend 2018 continuing to expand across Australia with plans to open 32 new stores througho...
Woolworths has launched a new marketing campaign centred around its sponsorship of the 2018 Gold Coa...
Coffee chain Jamaica Blue has launched a limited edition coffee blend, Costa Rica Single Origin.
The Retail Food Group has rejected allegations that it is not supporting its franchise partners.
The prohibition of ‘superfood’ hemp is over.
Hungry travellers will now be able to order Deliveroo meals directly through the travel website, Tri...
A new Maggie Beer branded ice cream is now available in Australian supermarkets.
Alpine Breads have launched a new range; ‘Alpine Heart Breads’.