Bright Dairy buys 51% share in Synlait New Zealand

摘要

China's Bright Dairy has taken a 51 per cent share in the Synlait Milk Ltd plan: in Dunsandel, New Zealand, for NZ$82 million (€45.1 m). This will enable the plant to double its production capac-ity to 100,000 metric tons per year and move into the most lucrative segment for exports to China - ingredients for infant formulas. Synlait, 22.5 per cent owned by Japan's Mitsui & Co, will retain a 49 per cent stake and separately keep 100 per cent ownership of its dairy farms.