Synlait enters fresh milk market with Foodstuffs South Island, to invest $125M in new facility

Synlait enters fresh milk market with Foodstuffs South Island, to invest $125M in new facility
Jonathan Underhill
By Jonathan Underhill Dec. 20 (BusinessDesk) - Synlait Milk says it will enter the fresh milk market in early 2019 by partnering with Foodstuffs South Island and will invest about $125 million in a liquid dairy packaging plant. The Dunsandel-based company will become Foodstuffs South Island's exclusive supplier of its private label fresh milk and cream under the supply agreement, it said in a statement. Fresh milk and cream from Synlait will be packaged in Value and Pams branded products, which are available across New World, PAK'nSAVE, F...