Synlait Milk

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Focus: Sovereign, pension funds to vie for M&A

Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean...

Latest Interviews

Hannah Abdulla | 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.

Latest News

Simon Harvey | 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. 

Andy Coyne | 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.

Simon Harvey | 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.

Simon Harvey | 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.

Dean Best | 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.

Andy Coyne | 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. | 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.

Simon Harvey | 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. 

Andy Coyne | 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.

Andy Coyne | 27 Sep 2017

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

Katy Askew | 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.

Dean Best | 31 May 2017

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

Dean Best | 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.

Dean Best | 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.

Katy Askew | 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. 

Hannah Abdulla | 11 Mar 2015

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

Katy Askew | 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.

Hannah Abdulla | 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.

Hannah Abdulla | 30 May 2014

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

Hannah Abdulla | 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.

Katy Askew | 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.

Michelle Russell | 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.

Dean Best | 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.

Dean Best | 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.

Michelle Russell | 10 Jul 2013

New Zealand dairy ingredients and infant formula firm Synlait Milk has set a final price of NZ$2.20 (US$1.73) per share for its IPO.

Dean Best | 26 Jun 2013

New Zealand dairy ingredients and infant formula firm Synlait Milk has outlined plans for its IPO - and how it intends to spend the proceeds from the listing.

Dean Best | 14 May 2013

New Zealand dairy ingredients and infant formula firm Synlait Milk, in which China's Bright Food owns 51%, is considering listing on the stock market.

Katy Askew | 8 May 2013

New Zealand dairy Synlait Milk has announced plans to invest US$15m in upgrading its lactoferrin production.

Latest blogs

Katy Askew | 28 Aug 2014

New Zealand dairy group Synlait Milk revealed today (28 August) it has hit the "major milestone" of receiving regulatory clearance to begin exporting finished product from its new NZ$28.5m dry blending and consumer packaging plant.

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