ForBarr estimates Synlait will manufacture 55% of a2’s volume by FY34

a2 Milk's chief executive David Bortolussi. (Image: Supplied)

Wed, 18 Dec 2024

Forsyth Barr is forecasting that Synlait Milk will manufacture roughly 55% of The a2 Milk Company’s volumes in the long term.Having tipped $32.8 million into its recapitalisation, a2 Milk is Synlait’s second-largest shareholder and largest customer.However, as part of the two companies’ settlement after a year-long dispute, Synlait’s manufacturing and supply exclusivity will lapse at the start of next year.Synlait is making an additional Chinese regulator-approved slot available to a2, with the pair working together on t...

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