Synlait Milk CEO Grant Watson steps down after rocky 12 months
Synlait Milk CEO Grant Watson has stepped down after steering the New Zealand-based dairy and infant-formula business through a tumultuous…
Synlait Milk
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Synlait sets path to profitability as equity financing onboarded
Synlait Milk is focused on returning the dairy and infant-formula business to profitability now that an equity raise and refinancing…
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Synlait’s survival process progresses with debt refinancing agreement
Synlait Milk has successfully agreed debt refinancing with creditors, one of the pre-conditions to ensure the New Zealand-based dairy company’s…
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Synlait retains North Island plant but ceases milk processing there
New Zealand dairy and infant-formula group Synlait Milk is to retain its Pōkeno plant in the country’s North Island but…
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Synlait denies asset sale decision made
Beleaguered New Zealand dairy and infant-formula group Synlait Milk has denied that a decision has been made on the sale…
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Synlait puts equity raise in motion to secure survival
China’s Bright Dairy is set to become Synlait Milk’s majority shareholder as part of a “critical” NZ$271.8m ($166.8m) equity raise…
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Synlait and A2 Milk resolve long-running contractual, pricing dispute
Synlait Milk and The A2 Milk Co. have settled an almost year-old dispute over contracts and pricing. A key part…
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Synlait withdraws full-year earnings guidance
New Zealand dairy business Synlait has withdrawn the earnings guidance for its 2024 financial year after battling with higher-than-expected costs.…
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Synlait shareholders approve Bright Dairy bailout
Embattled New Zealand dairy business Synlait Milk has received shareholder backing for a large loan from its major backer, the…
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Wicked Kitchen sold, Danish Crown CEO change, Campbell aided by Sovos – Just Food’s week in data
Alongside our daily news coverage, features and interviews, the Just Food team sifts through data sets to bring you a…
