Fonterra retains fourth in rankings
New Zealand's Fonterra has retained its position as No 4 among the world's top 20 dairy companies, a new survey shows.
The 2013 Rabobank survey shows Nestle, of Switzerland, remains the world's biggest dairy company, with French giants Danone and Lactalis second and third respectively.
The top four places had been unchanged since 2007, Rabobank said.
Nestle extended its lead at the top of the table, with the purchase of Pfizer's infant-nutrition business contributing to 23 per cent revenue growth in dairy sales last year.
Behind Fonterra in fifth spot is Friesland-Campina, of the Netherlands, and at No 6 is Dairy Farmers of America, both positions unchanged since last year.
Arla Foods, of Denmark-Sweden, moved up one place to No 7.
- © Fairfax NZ News