Two Major NZ Dairy Deals Completed
Two major acquisitions in the New Zealand dairy sector were completed this week.
Milk processor Synlait has opened a new $37 million Wetmix kitchen, doubling infant formula production at its Dunsandel plant.
The kitchen will enable Synlait to simultaneously run both its large-scale infant formula spray dryers, doubling infant production from 40,000 tonnes to 80,000t per year.
“We were at the point where our current Wetmix facility was at capacity and our consumer demand was continuing to grow," said John Penno, Synlait's managing director. "This new Wetmix kitchen will relieve that pressure."
The kitchen is at the core of the production process. It mixes dry ingredients (dairy proteins, carbohydrates, vitamins and minerals) into the liquid milk; that mixture is then dried into infant formula base powder. Mixing the dry ingredients into the liquid milk before drying ensures a superior blend quality.
“We’re happy with how the build went,” says Penno. “It was a smooth process completed on time and within budget, without the need to alter our day-to-day operations.”
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