The Tatua Co-operative Dairy Company Limited | |
Type: | Cooperative |
Location City: | Tatuanui, Morrinsville |
Location Country: | New Zealand |
Industry: | Food Manufacturing, Dairy |
Num Employees: | 400 |
Products: | Specialised dairy ingredients and dairy foods including, nutritional ingredients, flavours, bionutrients, consumer and foodservice dairy products and bulk ingredients. |
Revenue: | NZ$535 million |
Members: | 101 shareholder farms |
The Tatua Co-operative Dairy Company Ltd, trading as Tatua, is an independent co-operative dairy company in the Matamata-Piako District of the Waikato Region, in the North Island of New Zealand. It is located in the rural locality of Tatuanui, approximately 8 kilometres east of Morrinsville. The co-operative is owned by 101 shareholder farms, all located within a 12 kilometre radius of the processing factory.[1]
The co-operative has maintained a strong independent history within the New Zealand dairy industry. In the 2001 mega-merger for the New Zealand dairy industry - which formed Fonterra - Tatua shareholders decided to remain independent. Given that New Zealand had over 500 dairy co-operatives in the 1930s, Tatua is unique in that it is the only New Zealand dairy co-operative remaining that has never been part of any merger throughout its history.[2]
Tatua often records the highest payout for milksolids to the farmer shareholders in New Zealand.[3] While the high level of payout is partly due to a small catchment area (which reduces processing costs), the excellent financial performance of Tatua is increasingly attributed to focusing on value-added milk products rather than traditional, mass-produced, commodity-based milk products such as milk powder, butter and cheese.[4]