Is a2 Milk eyeing up Synlait's Dunsandel?

Dunsandel is the jewel in Synlait's crown. (Image: Synlait)

Wed, 29 Nov 2023

a2 Milk could buy Synlait Milk’s Dunsandel, which would reduce supply chain risks, capture manufacturing margin and drive earnings per share growth, says Forsyth Barr.a2 Milk has clearly indicated plans to vertically integrate its supply chain, either through merger and acquisition, investment at Mataura Valley Milk or through joint ventures and alliances.Compelling option“A compelling option is to acquire SML's Dunsandel asset. We are not suggesting this is likely, but it does offer attractive qualities to a2 Milk, particularly...

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