Bright Food-backed Synlait Milk buys Auckland-based dairy firm for $39.8m

Bright Food-backed Synlait Milk buys Auckland-based dairy firm for $39.8m

Image from Synlait Milk's Facebook page

NZX-listed dairy producer Synlait Milk has acquired a 100 per cent stake in Auckland-based The New Zealand Dairy Company (NZDC) for NZ$56.5 million ($39.8 million) in a bid to increase its blending and canning capacity.

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