Displaying items by tag: GRANT WATSON

OPINION: The abrupt departure of Synlait chief executive Grant Watson could be a sign that Chinese company Bright Dairy, the new majority owner of the listed company, is taking charge.

Former Synlait chief executive Grant Watson says the past two years have been quite the journey.

The first change in Synlait’s management team, since China’s Bright Dairy securing 65% ownership, has been announced.

Milk processor Synlait is offering a one-off payment of 20c/kgMS to retain South Island suppliers, many of whom issued cessation notices to the company this year.

"Disappointing" - that’s how Synlait chief executive Grant Watson describes the company’s full-year financial results.

Milk processor Synlait is offering a one-off payment of 20c/kgMS to retain South Island suppliers, many of whom issued cessation notices to the company this year.

Canterbury milk processor Synlait has settled a long-running dispute over exclusive manufacturing rights and pricing with a cornerstone shareholder, a2 Milk Company.

Milk processor Synlait’s half-year numbers paint a gloomy picture.

One of the world’s largest dairy companies, Nestle is teaming up with Synlait and its 300 farmer suppliers to help fund innovative on-farm emissions reduction tools.

Despite being in financial doldrums, Synlait has created a five-year foodservice strategy that will target the Chinese market.