Synlait's new CEO wants 'clear plans' to ensure diversification

Synlait boss acknowledges concentration risk (Image: Supplied)

Mon, 04 Apr 2022

Synlait Milk’s new chief executive, Grant Watson, was upbeat about the first half result but said there’s more work to be done on the diversification front. “Whether it be customer, whether it be channel, whether it be category or geography, we need to ensure that we’ve got clear plans to increase our diversification over time, without question,” Watson told BusinessDesk. Up until recently, Synlait’s fortunes were closely tied to those of A2 Milk. The two companies have a supply contract that runs u...

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