A2 Milk Purchases Yashili New Zealand Dairy from Chinese Stakeholders
A2 Milk Co. is expanding its footprint in food manufacturing by acquiring an infant formula business in New Zealand. The company plans to invest NZ$100m...
Tag : A2 Milk Co.
Synlait Keeps North Island Facility but Halts Milk Processing Operations
New Zealand’s dairy and infant formula company, Synlait Milk, has announced that it will maintain its Pōkeno plant located on the North Island; however, this...
A2 Milk Signals Sluggish Revenue and Margin Growth
The A2 Milk Company has indicated a modest outlook for revenue and profit margins in the upcoming fiscal year, primarily due to persistent challenges within...
Synlait Initiates Equity Raise to Ensure Long-term Viability
China’s Bright Dairy is poised to become the majority stakeholder in Synlait Milk through a crucial NZ$271.8 million ($166.8 million) equity raise aimed at revitalizing...
Synlait and A2 Milk Settle Prolonged Contractual and Pricing Dispute
Synlait Milk and The A2 Milk Co. have reached a resolution in a long-standing dispute regarding contracts and pricing. The settlement, announced on 16 August,...
Shareholders of Synlait approve bailout by Bright Dairy
Synlait Milk, a New Zealand dairy business, has recently secured shareholder backing for a substantial loan from its major supporter, Chinese company Bright Dairy. The...
New CEO Appointed by Australian Dairy Group AHF
Australian Dairy Nutritionals (AHF) has appointed Mahinthan ‘Mahi’ Sundaranathan as its new CEO. This decision comes after Peter Skene stepped down from his position to...
Synlait and A2 Milk Co. engaged in a pricing dispute amid ongoing conflict
In an intense dispute between New Zealand dairy companies Synlait and A2 Milk Co., a new pricing disagreement has been added to the existing contract...