Anchor has been around for more than 130 years. Henry Reynolds, who founded Anchor, arrived in New Zealand from Cornwall in 1868. His Anchor butter was recognized for its quality and soon went onto win a gold medal at the Melbourne Exhibition in 1888. The valued brand went from strength to strength and Henry decided to sell Anchor to the New Zealand Dairy Association in 1896 which was to become part of Fonterra Co-operative in 2001.