Fonterra Co-operative Group Ltd. is a dairy nutrition company, which is engaged in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, consumer, and foodservice channels. It operates through the following segments: Core Operations, Global Markets, and Greater China. The Core Operations segment is involved in the operating functions including New Zealand milk collection, processing operations and assets, supply chain, group IT, and sustainability. The Global Markets segment refers to the ingredients, foodservice and consumer channels outside of Greater China. The Greater China segment focuses on the ingredients, foodservice, and consumer channels. The company was founded on October 16, 2001 and is headquartered in Auckland, New Zealand.