A2 cancels Synlait's 'exclusive' supply agreement

A2 cancels Synlait's 'exclusive' supply agreement
A2 says Synlait's "full and on time performance" fell below the level required for it to maintain its exclusive rights. (Image: Synlait)
Staff reporters
Synlait Milk says it's considering A2 Milk Company's cancellation notice of its exclusive manufacturing and supply rights of milk formula products destined for the local, Chinese and Australian markets.A2 gave notice that it was cancelling the agreement after market close on Sept 15, saying Synlait's "full and on time performance" fell below the level required for Synlait to maintain its exclusive rights – and in relation to its English label infant milk formula (IMF) product, a2 Platinum.In a statement to the NZ sto...

More Primary Sector

Allied Farmers shareholders back sale of NZ Farmers Livestock
Primary Sector

Allied Farmers shareholders back sale of NZ Farmers Livestock

Allied will hold $14m in reserves as it looks for its next investment opportunity.

Reduce emissions or lose export value and trust: AgriZeroNZ
Primary Sector

Reduce emissions or lose export value and trust: AgriZeroNZ

NZ's agricultural competitors are becoming more emissions-efficient.

Dairy demand holds but supply surge may sink Fonterra's $10/kgMS forecast
Primary Sector

Dairy demand holds but supply surge may sink Fonterra's $10/kgMS forecast

Two more Global Dairy Trade auctions until Fonterra's first quarter update.