Synlait Milk

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Synlait acquires new land to extend sustainability push

11 Mar 2020

Synlait Milk, the New Zealand-based dairy and infant-formula maker, said it has acquired new land to extend its sustainability initiative.

Coronavirus plays role in profit warning at Synlait Milk

13 Feb 2020

Synlait Milk, the New Zealand-based dairy and infant formula co-manufacturer, has lowered its profit guidance and cited the coronavirus outbreak as a factor in its decision.

New Zealand's Synlait and A2 Milk extend supply deal

19 Nov 2019

New Zealand infant-formula manufacturer Synlait Milk has extended a supply deal with a local peer, it has announced.

Synlait to buy branded NZ peer Dairyworks

28 Oct 2019

Synlait, the New Zealand-based dairy and infant formula co-manufacturer, is to acquire another branded business in its domestic market.

Synlait targets B Corp certification

26 Mar 2019

New Zealand infant-formula maker Synlait Milk is the latest food sector business to target certification linked to sustainability and transparency. 

Synlait acquires assets of Talbot Forest Cheese as annual profits almost double

19 Sep 2018

New Zealand infant-formula maker Synlait Milk has entered into an agreement to buy certain assets of local firm Talbot Forest Cheese. 

Synlait expands supply agreement with NZ's A2 Milk Co.

3 Jul 2018

New Zealand infant formula manufacturer Synlait Milk has announced a "significant expansion" to its supply agreement with local dairy and infant-formula group A2 Milk Co.

Synlait Milk names Leon Clement as successor to CEO John Penno

26 Jun 2018

New Zealand infant-formula manufacturer Synlait Milk has named Leon Clement as chief executive to replace John Penno who announced in November he was stepping down from the role.

A2 Milk enters distribution agreement with South Korea's Yuhan Corp

16 Apr 2018

Australia's A2 Milk Co has entered into an exclusive sales and distribution agreement with Seoul-based Yuhan Corp to distribute its branded products in South Korea.

Fonterra deal "does not change A2/Synlait baby-milk JV"

21 Feb 2018

A2 Milk Co. today (21 February) moved to underline its infant-formula venture with supplier Synlait Milk would continue in the wake of the New Zealand dairy and baby-milk business' new, wide-ranging agreement with Fonterra.

New Zealand's Synlait signs new supply deal with China's Bright Dairy

14 Feb 2018

Synlait Milk, the New Zealand business best known for co-packing infant formula, has renewed a supply arrangement with its largest shareholder, China's Bright Dairy.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Synlait doubles output of infant formula with new line at Dunsandel

7 Dec 2017

New Zealand's Synlait Milk will double production of infant-formula powder after investing NZD37m (US$25.3m) in a new 'wetmix' kitchen at its Dunsandel site. 

Synlait CEO and founder John Penno to step down

29 Nov 2017

New Zealand infant formula business Synlait Milk has announced CEO and founder John Penno is to step down from his position in the next 12 months.

New Zealand baby formula firm Synlait Milk commits funds to R&D facility

27 Sep 2017

New Zealand infant formula business Synlait Milk is to set up a research and development centre in the country.

A2 Milk raises outlook on increased formula sales

16 Jun 2017

New Zealand's A2 Milk Co. has lifted its full-year revenue on the back of increased infant formula supply from its contract manufacturing partner Synlait Milk.

Synlait Milk buys The New Zealand Dairy Company

31 May 2017

New Zealand-based infant formula co-packer Synlait Milk has

A2 Milk buys stake in formula supplier Synlait Milk from FrieslandCampina

7 Mar 2017

New Zealand's A2 Milk Co. has become an investor in Synlait Milk, one of its suppliers of infant formula, after buying shares in the business from Dutch dairy giant FrieslandCampina.

Synlait Milk outlines capex plans

20 Sep 2016

Synlait Milk, the New Zealand infant formula manufacturer for brands like A2 Platinum and Munchkin, has set out plans to spend NZD300m over the next three years in areas including production and packaging.

Synlait, A2 Milk Co. sign new infant formula supply deal 

23 Aug 2016

Synlait Milk, the New Zealand business-to-business infant milk supplier, has struck a new deal to supply A2 Milk Co. and support "medium-term" growth plans for the consumer-facing business's A2 Platinum infant formula brand. 

China ups security on NZ infant formula poison threat

11 Mar 2015

China is tightening up on import measures of infant formula from New Zealand following a poison threat.

UPDATE: NZ dairies reassure customers on poison threat

10 Mar 2015

The New Zealand dairy industry has moved to reassure customers New Zealand infant formula products are safe after poison threats were made.

NZ/CHINA: A2 Milk gets green light for infant formula exports

23 Jul 2014

New Zealand's A2 Milk Co. has received the green light from the Chinese authorities to start shipping its A2 Platinum brand infant formula back into the country.

NZ: Dairy firm Synlait issues profit warning

30 May 2014

Shares in Synlait tumbled as the New Zealand dairy firm lowers its forecast annual earnings.

Quote, unquote: just-food's week in words

30 May 2014

Hitting headlines this week was the bidding war for Hillshire Brands which saw Tyson Foods and Pilgrim's Pride both go head to head. Elsewhere, Peters Food Group was acquired by R&R Ice Cream, while Nestle and Fonterra issued a statement saying they were scaling back their Latin American partnership. Also this week, Synlait Milk announced it was revising its 2014 earnings outlook and Danish Crown announced 190 jobs would go as it chose to close its Bornholm slaughterhouse.

The just-food interview part two: FrieslandCampina profitability ahead of schedule

17 Mar 2014

FrieslandCampina had something of a challenging year in 2013. During the period, the group's European business proved a sticking point as a goodwill adjustment associated with economic turbulence in the region hit the bottom line. However, strip out one-time charges and CFO Kees Gielen insists the firm is on the right track. Speaking to Hannah Abdulla in part-two of the just-food interview, Gielen highlighted the underlying strength of the business.

NZ: Synlait Farms recommends Shanghai Pengxin-backed takeover proposal

8 Nov 2013

The board of Synlait Farms has recommended shareholders accept a takeover proposal from a consortium of investors, including Chinese firm Shanghai Pengxin Group and the dairy group's management.

CHINA: Bright Food "in talks" to acquire Israel's Tnuva

3 Sep 2013

China's Bright Food is understood to be holding talks with Israel's largest food manufacturer and distributor Tnuva about a potential acquisition.

Editor's choice: the highlights on just-food this week

12 Jul 2013

For a second week, China's probe into infant formula prices - which it emerged is part of a wider investigation into the dairy sector in the country - grabbed your attention. And the US food retail scene saw the biggest M&A story of the week when Kroger struck a deal to buy regional chain Harris Teeter for US$2.4bn.

NETHERLANDS/NZ: FrieslandCampina to invest in Synlait Milk

11 Jul 2013

Dutch dairy giant FrieslandCampina is to take a stake in New Zealand infant formula and dairy ingredients company Synlait Milk, which is set to float this month.


Forgot your password?