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Company News
Sep 29, 2025 • 10:37 PM
Industrials & JuniorsSynlait Milk Divests North Island Dairy Assets to US Customer Abbott for NZ$307m
Dairy manufacturer Synlait Milk (ASX: SM1) has entered into a A$270 million (NZ$307m) deal to divest its North Island assets to US healthcare group Abbott. The sale will include the company’s Pōkeno factory, a blending and canning facility in Auckland, a warehouse facility, and associated inventory and leasehold arrangements. Abbott has been a customer of Synlait since […]
Aug 21, 2020 • 11:57 AM
Industrials & Juniorsa2 Milk Company bids for majority stake in Mataura Valley Milk
New Zealand dairy producer a2 Milk Company (ASX: A2M) surprised the market this morning by unveiling a non-binding indicative offer to acquire a majority stake in Chinese-owned milk manufacturer Mataura Valley Milk for around NZ$270 million. The news comes just two days since a2 Milk Company reported a net profit of almost $386 million in […]