Pāmu to stick with Synlait Milk in the South Island

Pāmu to stick with Synlait Milk in the South Island
The company now only processes milk at its Dunsandel site. (Image: Supplied)
Riley Kennedy
Pāmu Farms of New Zealand has confirmed it will continue to supply Synlait Milk in the South Island.The state-owned farmer operates 44 dairy farms across the country, half of which supply Fonterra Co-operative Group.The others are split across independent processors, including Synlait and Miraka.More than 60% of the state-owned farmer’s revenue in the first half of the financial year was from its dairy operations.Despite taking an $11 million hit on milk futures, its bottom line has been boosted by rising farmgate prices across all commod...

More Primary Sector

Rolling out the carpet for the battle of Bremworth
Primary Sector

Rolling out the carpet for the battle of Bremworth

Shareholders Association wants both sides to work it out.

Riley Kennedy 04 Mar 2025
Rising farmgate prices buoys Pāmu profit
Primary Sector

Rising farmgate prices buoys Pāmu profit

It expects full-year operating profit to be between $43m and $51m.

Riley Kennedy 03 Mar 2025
Bremworth coup: group of shareholders wants board sacked
Primary Sector

Bremworth coup: group of shareholders wants board sacked

The group, led by Rob Hewett, believes it has support from 35% of shareholders.

Riley Kennedy 03 Mar 2025
Richard Wyeth appointed Synlait Milk CEO
Primary Sector

Richard Wyeth appointed Synlait Milk CEO

He left Westland Milk Products in late January.

Riley Kennedy 03 Mar 2025