Blog: A2C hints at more international moves after Wiseman deal

Katie Smith | 15 November 2011

New Zealand dairy firm A2 Corp. (A2C) is eyeing further international expansion following its deal with UK dairy supplier Robert Wiseman Dairies.

Yesterday (14 November), the milk firms announced the formation of a joint venture that aims to develop A2 milk products for the UK market. Expected to go on sale next summer, the products will be aimed at people who find milk hard to digest or have self-diagnosed as having an intolerance to milk.

A2 milk comes from cows which naturally produce the A2 type of beta-casein protein rather than the A1, which can cause digestion problems.

A2C managing director Geoffrey Babidge said the venture will enable the company to gain a "niche" position in at least one global milk market.

"In addition, it provides a clear demonstration of the building credibility of the A2 proposition and could be expected to provide further momentum for the company in other international markets," he said.

A2C predicts A2 milk products in the UK will present a market opportunity three-fold that of Australia, where the company merged with ASX-listed Freedom Nutritional Products in May last year. In July, the New Zealand dairy firm started the construction of a processing facility in Sydney to meet growing demand for its products in the country.

The question is, where next for the New Zealand dairy firm?


BLOG

UK M&A deal volumes slide in early months of 2017

Fresh data from Grant Thornton indicates the number of mergers and acquisitions in the UK food and drink sector fell to the lowest level for over two years in the first quarter of in 2017 - but the ac...

BLOG

Food policy returns to focus in Westminster

Amid the political turmoil in the UK caused by the EU Referendum, the resignation of a Prime Minister, subsequent burning debates over the Brexit “divorce” settlement and now by the surprise announcem...

BLOG

Danone closes WhiteWave, who will acquire Stonyfield?

Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...

BLOG

Premier Foods pension news offers cheer but challenges remain

Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....

just-food homepage



Forgot your password?