Dairyworks: the bright spot in Synlait’s tough year

Dairyworks: the bright spot in Synlait’s tough year
The Dairyworks site in Christchurch. (Image: Synlait)
Riley Kennedy
Dairyworks is expected to grow significantly in the next three to four years, Synlait Milk’s chief executive says.Synlait signed a deal to buy the cheese producer from the Cross family in late 2019 for $112 million.It was founded in 2001 in Temuka, in South Canterbury, and moved its production to Christchurch in 2009.When Synlait bought it, then-chief executive Leon Clement said the business was a strategic fit for the dairy processor.“Dairyworks is a nimble and innovative company. It will fit well with Synlait and provides us with...

More Primary Sector

Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025