Synlait Milk grew fast on one customer, borrowed for a plant it could not fill and needed its Chinese shareholder to survive.
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Fonterra, Zespri, a2 Milk, the red-meat co-operatives and Synlait: how New Zealand’s farm exporters are owned, financed and sold to the world.
Synlait Milk grew fast on one customer, borrowed for a plant it could not fill and needed its Chinese shareholder to survive.
Two farmer co-ops, too many meat plants and too few sheep: why foreign capital now controls New Zealand red meat.
A single protein claim, Chinese mothers and informal traders built a2 Milk; owning a factory is the next gamble.
One exporter, one brand and a patented gold fruit: how Zespri built NZ$5.9bn in kiwifruit sales.
Fonterra sold Anchor and Mainland to Lactalis for NZ$4.22bn and bet its future on ingredients and foodservice.
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