Synlait is nearing the final stages of its strategic review of North Island assets, including a manufacturing facility in Pokeno and a blending and canning facility in Auckland.
The company said the review, which also considers the continued collection and processing of milk in the North Island, is expected to result in a further announcement before the release of its full-year results in September.
Synlait's announcement comes in response to an article by BusinessDesk, which reported on the possible sale of raw milk in the North Island to Open Country.
The company reiterated that no decision has been made regarding the outcome of the strategic review and stated it would provide any necessary updates to the market.
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