Synlait said at this point, in spite of the flooding, no milk has been lost. Pic: Synlait

Synlait Dunsandel update on Canterbury flooding

By Jim Cornall

Following heavy rainfall, which resulted in severe flooding in the region, and a state of local emergency in New Zealand’s Canterbury region, Synlait Milk Limited said a small team has operated Synlait Dunsandel over the past 36 hours to ensure the facility...

Clement became CEO of Synlait in September 2018.

Synlait CEO to step down

By Jim Cornall

New Zealand dairy company Synlait Milk Limited has announced “with regret” that it has accepted the resignation of CEO Leon Clement.

The company said Deep South is successful, but ice cream is not its core business. Pic: Dairyworks

news in brief

Dairyworks Limited sells Deep South Ice Cream

By Jim Cornall

Dairyworks Limited, a subsidiary of New Zealand’s Synlait Milk Limited, has sold its Deep South brand and associated ice cream operations to Talley’s for an undisclosed sum, effective November 12, 2020.

Dairyworks supplies New Zealand consumers with cheese, butter, milk powder and ice cream.

Synlait receives approval for Dairyworks acquisition

By Jim Cornall

Synlait Milk Limited says the Overseas Investment Office in New Zealand has granted consent under the Overseas Investment Act 2005 to its purchase of the shares in Dairyworks Limited.

Dairyworks was established in 2001 in South Canterbury, New Zealand.

Synlait acquires Dairyworks

By Jim Cornall

New Zealand company Synlait has agreed the conditional purchase of Dairyworks for NZ$112m (US$71m), subject to Overseas Investment Office approval.

Synlait has taken over management and operational control of Talbot Forest Cheese. Pic: Synlait

Synlait completes Talbot Forest Cheese acquisition

By Jim Cornall

Synlait has completed the acquisition of selected assets from fellow New Zealand company Talbot Forest Cheese. The acquisition includes the property, plant and equipment at the Temuka site, along with the consumer cheese brand (Talbot Forest Cheese)....

Synlait said its forecast relies on pricing remaining robust throughout the season. Pic: ©Getty Images/pavlinec

Synlait sets 2019/20 forecast milk price

By Jim Cornall

New Zealand dairy company Synlait Milk has set its opening forecast base milk price for the upcoming 2019/2020 season at NZ$7.00 kgMS (US$4.58).