Displaying items by tag: A2 Milk Company

Synlait is hoping that its proposed recapitalisation plan will help retain its spooked farmer supplier base.

Troubled Canterbury milk processor Synlait has unveiled a recapitalisation plan - offering new shares worth nearly $218 million to its two largest shareholders.

Troubled milk processor Synlait’s second largest shareholders remains coy on how it will vote at a special general meeting on Thursday.

The a2 Milk Company (a2MC) is providing $440,000 to 18 farms across Southland, Canterbury and the Waikato in the third round of its a2 Farm Sustainability Fund in New Zealand.

ASB says the decision to sign on to the AgriZeroNZ joint venture came out of a wish to be a part of the solution.

Southland-based Mataura Valley Milk can now lay claim to be the first all-electric dairy factory in New Zealand.

Milk processor Synlait claims that despite a poor financial result, it delivered several sustainability successes in the last financial year.

Troubled Canterbury milk processor Synlait and its key stakeholder and customer a2 Milk Company (a2MC) will enter 2024 with a growing list of disputes.

Troubled milk processor Synlait has been dealt another blow with cornerstone stakeholder a2 Milk Company (a2MC) giving notice to pull the plug on an exclusive manufacturing deal.

The a2 Milk Company (a2C) efforts to return its Southland-based subsidiary Mataura Valley Milk to profitability remains a work in progress.