Kiwi Dairies: A Historical Insight
Kiwi Dairies, once a prominent name in the dairy industry, played a crucial role in the sector before its integration into Fonterra. The company was notably linked to the infamous 'Powdergate' scandal, which was a significant event in the dairy industry's history.
Historical Context and Scandal
The 'Powdergate' scandal is rooted in the operations of Kiwi Dairies before the creation of Fonterra, New Zealand's largest dairy cooperative. This scandal involved the illegal export of milk powder, which had major repercussions for the industry and regulatory practices. It highlighted significant issues within the company’s management and operational transparency, leading to broader scrutiny and eventual reforms.
Company Evolution
Kiwi Dairies' legacy is intertwined with the formation of Fonterra, as its assets and operations were integrated into the larger cooperative. This move was part of a strategic effort to consolidate New Zealand's dairy sector, which aimed to strengthen global competitiveness and streamline operations.
Modified: 2025/12/16