Synlait Milk Limited 3.98

We have the largest integrated infant formula site in the world, offering our customers complete supply chain integrity from behind the farm gate to consumer.

Operating as a business to business (B2B) company, we build strong relationships with leading customers around the globe to create valuable partnerships for the long term.

Located in the South Island, we employ more than 380 staff. Our Dunsandel site in Canterbury received an average of 610 million litres of milk in FY15 from our contracted milk suppliers located in the same region.

Quality begins on farm with our suppliers who produce excellent milk and are supported to achieve dairy farming best practice through our Lead With PrideTM certification programme.

We process our suppliers’ milk with some of the most sophisticated production capability in the world, including three large spray dryers, a special milks dryer, a state of the art blending and consumer packaging facility and a quality testing
laboratory.

From FY16 we will have 140,000 metric tonnes of annual production capacity. Most of our products are exported to customers in Asia (49%), Middle East and Africa (26%) and other regions (8%). New Zealand received 17% of our product in FY15.

Our aim is to annually increase the proportion of nutritional and value added product we manufacture with the aim of these products accounting for 30% of our product mix in FY17.

Our value added capability allows us to produce customised milk powders, infant formula, adult nutritional powders and nutraceutical products such as Synlait Lactoferrin and iNdream3 in an integrated supply chain with uncompromised quality.

This unbroken chain is controlled from start to finish, giving our customers and their consumers complete confidence in the integrity of the products they consume.

We’ve been awarded some of New Zealand’s top business accolades, including the ANZ Best Business Operating Internationally (Over $50 million) award at the 2015 New Zealand International Business Awards and the Supreme Award at the 2013 HSBC New Zealand China Trade Association China Business Awards.

We listed on the New Zealand Exchange (NZX) in 2013 and our three largest shareholders are Bright Dairy Holding Limited (39.1%), FrieslandCampina (9.9%) and Mitsui & Co. (NZ) Ltd. (8.3%).