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Fonterra Confirms Dispute Resolution Process with Danone
2 October 2013
Fonterra Confirms Dispute Resolution Process with Danone
Fonterra today confirmed that it is in a dispute resolution process with Danone following the whey protein concentrate precautionary recall initiated in August this year.
The discussions between Fonterra and Danone had been confidential with a view to reaching a mutually acceptable commercial outcome however some aspects of these discussions have been made public this morning in the press.
Fonterra confirms that the discussions remain ongoing but strongly denies any legal liability to Danone in relation to the recall.
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