A2 Lifts Earnings, Announces Mataura Valley Milk Sale, Pōkeno Purchase

Open Country to buy Mataura Valley Milk

Mataura Valley Milk staff pictured at the plant’s opening in 2018. PHOTO: SUPPLIED Talley's Group-owned Open Country — New Zealand’s second-largest milk processor — has entered into a conditional agreement with the shareholders of Mataura Valley Milk to buy the business.

A2 Milk eyes expansion in China with $257m plant purchase

The baby formula player and fresh milk group also sold its Mataura Valley Milk plant to New Zealand’s largest independent dairy manufacturer.

A2 Milk to Buy New Zealand Formula Plant to Target China Growth

A2 Milk Co. has agreed to buy a New Zealand infant formula plant as it targets more growth in China.

A2 lifts earnings, announces Mataura Valley Milk sale, Pōkeno purchase

A2 Milk has announced a lift in annual earnings and a shakeup of its assets that will see Open Country Dairy buy Mataura Valley Milk in Southland. The cashed...

A2 Milk Company sees solid growth underpinned by Chinese market sales

A2 Milk Company has a 13.5 per cent rise in its group revenue to $1.9 billion, up from $1.67 billion, for this financial year. The company’s EBITDA grew 17.1 per cent to $274.3 million, year-on-year, with its net profit after tax seeing a 21.1 per cent increase to $202.9 million in the same period. In China, the company’s revenue grew 18.9 per cent to $1.3 billion, with its EBITDA growing 14.6 per cent to $332.4 million. The company reached a to…

Open Country to acquire Mataura Valley Milk

Reading Time: 2 minutes The country’s second largest dairy company, Open Country, has entered into a conditional agreement with Mataura Valley Milk’s shareholders to acquire the business. Mataura Valley Milk is located near Gore and is majority-owned by The a2 Milk Company alongside its minority partner, China Animal Husbandry Group.  The acquisition would give the company the ability to commit further to the Southland and south Otago regions, O…