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Synlait Milk

#8414

Rank

$217.37M

Marketcap

NZ New Zealand

Country

Synlait Milk
Leadership team

Mr. Nigel Macdonald (Director of Operations)

Mr. Grant Watson (Chief Exec. Officer)

Mr. Robert Stowell (Chief Financial Officer)

Products/ Services
Consumer Goods, Health Care, Nutrition
Headquarters
Rakaia, Wellington, New Zealand
Established
2005
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
SML.NZ
Social Media
Overview
Location
Summary
Synlait Milk Limited, together with its subsidiaries, manufactures and sells dairy products in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally. The company is also involved in the processing, packaging, and marketing of dairy products, including cheese, butter, and milk powder. It offers liquid milk; milk powder related products; nutritional products, such as infant and adult nutritional powders; ingredients comprising skim milk powders and anhydrous milk fat; and specialized nutritional ingredients, such as lactoferrin. The company was incorporated in 2005 and is headquartered in Rakaia, New Zealand.
History

2000: Synlait Limited established. The first commercial project was the purchase of Robindale Dairy farm.

2005: Synlait Limited owns eight dairy farms and the business focus now shifts from dairy farming to dairy products manufacturing.

2007: Spray drier one commissioned at Synlait Limited owned farm Dunsandel Dairies.

2008: First milk processed via spray drier one. Anhydrous Milk Plant commissioned. Milk contracted from third party dairy farms commences.

2009: Special milks spray drier commissioned. Synlait was awarded Fastest Growing Manufacturer , and 7th Fastest Growing Company in New Zealand in the Deloitte Fast 50 index. Synlait wins Canterbury Large Emerging Exporter of the Year in the Air New Zealand Cargo, Canterbury Export Business Awards.

2010: Bright Dairy of China investment of $81 million. The investment funds the commission of spray drier two – purpose built for infant formula manufacture. Separation of the Synlait farming business from the milk processing business . Synlait was awarded the 12th fastest growing company in New Zealand in the Deloitte Fast 50.

2011: Infant formula production starts via spray drier two. Synlait makes the Deloitte Fast 50 index for the fourth consecutive year.

2012: Synlait wins the Champion Global Operator at the Champion Canterbury Business Awards. Synlait wins the Agri-Business Award in the Sensational Selwyn Business Awards. Synlait posts a $6.3 million profit for the year ending July 2012.

2013: Synlait launches an internationally accredited ISO 65 dairy farm assurance system called Lead With Pride. $15 million special milks spray dryer upgrade commissioned to produce Lactoferrin.

2014: Synlait named Supreme Winner at the 2014 Champion Canterbury Business Awards and winner of the Champion Global Operator category for a medium-large business.

Mission
Our mission is to be a market leader in the dairy industry, providing exceptional service, quality, value and innovation.
Vision
Our vision is to be recognised as world leading, preferred and innovative dairy food provider.
Key Team

Tania Pearson (Company Sec.)

Mr. Hamish Reid (Director of Sustainability & Brand)

Mr. Tim Carter (CEO of Dairyworks & Director of Consumer)

Hannah Lynch (Corp. Affairs Mang.)

Recognition and Awards
Synlait Milk is proud to have won multiple awards and accolades, including being recognised as 2016’s best-performing company on the New Zealand stock exchange, and the 2017 Asia-Pacific Dairy Product Manufacturer of the Year.
References

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Synlait Milk
Leadership team

Mr. Nigel Macdonald (Director of Operations)

Mr. Grant Watson (Chief Exec. Officer)

Mr. Robert Stowell (Chief Financial Officer)

Products/ Services
Consumer Goods, Health Care, Nutrition
Headquarters
Rakaia, Wellington, New Zealand
Established
2005
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
SML.NZ
Social Media