a2 Milk takes further 'potential claims' against Synlait

a2 Milk takes further 'potential claims' against Synlait
Synlait has warned the market it faces more claims from a2 Milk about a disputed agreement. (Image: Michael Craig)
Riley Kennedy
Synlait Milk says it has received notice of possible further claims from a2 Milk Company “primarily” related to the pair’s manufacturing and supply agreement.In September, the dual-listed milk marketer cancelled the exclusive part of its agreement with Synlait – formally known as the Nutritional Powders Manufacturing and Supply Agreement (NPMSA) – after a2 Milk believed the manufacturer's delivery and performance during the year fell below the level required to maintain it. Synlait disputed the cancellatio...

More Primary Sector

Gene editing debate: T&G CEO calls for calm conversation
Primary Sector

Gene editing debate: T&G CEO calls for calm conversation

Legislation to remove the ban is expected to go to Parliament before Christmas.

AgriZeroNZ fights for NZ access for its investments
Primary Sector

AgriZeroNZ fights for NZ access for its investments

The organisation invested $17.4m in its first full financial year.

Greg Hurrell 05 Nov 2024
Blue Sky Pasture squeezed by weak meat prices
Primary Sector

Blue Sky Pasture squeezed by weak meat prices

The Southland lamb and mutton processor says dividends are unlikely in the short term.

Riley Kennedy 04 Nov 2024