The a2 Milk Company buys Yashili NZ, divests Mataura Valley Milk to Open Country Dairy

The a2 Milk Company buys Yashili NZ, divests Mataura Valley Milk to Open Country Dairy
(Image: BusinessDesk)
Riley Kennedy
The a2 Milk Company has inked a long-awaited deal to purchase Yashili’s New Zealand plant for $282 million and sold its stake in Mataura Valley Milk to Open Country Dairy.The Yashili deal, as BusinessDesk has previously reported, had been long-awaited as it looked to develop its own manufacturing capabilities.Owned by China Mengniu Dairy, the $220m manufacturing site was opened in 2015 and sits next door to Synlait Milk’s North Island site.'Meaningful progress'China Mengniu Dairy is one of the three largest dairy companies i...

More Primary Sector

Alliance Group farmers need to debate Dawn deal: shareholder
Primary Sector

Alliance Group farmers need to debate Dawn deal: shareholder

Pāmu says it appears to provide a “credible and constructive path”.

Riley Kennedy 15 Aug 2025
Toothpaste tubes to tankers: Biowave’s ambitious plans
Primary Sector

Toothpaste tubes to tankers: Biowave’s ambitious plans

The new spinout company is looking for investors to scale up biofuel production.

Greg Hurrell 14 Aug 2025
PGG Wrightson confident ahead of spring
Primary Sector

PGG Wrightson confident ahead of spring

Farmers shift from repaying debt to spending.

Riley Kennedy 14 Aug 2025
Alliance Group’s next ‘significant hurdle’
Primary Sector

Alliance Group’s next ‘significant hurdle’

If the vote fails, the company’s fate lies with the banks.

Riley Kennedy 13 Aug 2025