A2, Synlait agree to extend infant formula supply deal

Sophie Boot
Mon, 02 Jul 2018

By Sophie Boot July 3 (BusinessDesk) - Dairy marketer A2 Milk and milk processor Synlait Milk have agreed to extend their infant formula supply deal and increase the volume of formula Synlait will supply as the two continue to focus on sales in the lucrative Chinese market. A2 and Synlait first signed a supply agreement in 2012 to support the milk marketing firm's plans to launch infant formula sales into China, and inked a new deal in August 2016 providing for increased scale if market demand warranted it. The companies' arrangements...
Economy
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