News: FSF Fonterra says co and Beingmate Australian JV formalised

Feb 4 (Reuters) - Fonterr

• Fonterra co-operative group limited - Fonterra and Beingmate Australian joint venture formalised
• Fonterra - first product destined for beingmate's Chinese customers is expected to roll off the darnum line in the second half of 2016
• Fonterra co-operative - says joint venture sees Beingmate take a 51 percent stake in Australia's premier paediatric powder plant at darnum
• Fonterra - jv sees Fonterra retaining 49 percent stake, and control of operations at plantstake in Australia's premier paediatric powder plant at darnum