- Synlait Milk has signed a manufacturing supply agreement with what’s is deems to be a ‘global category leader,’ however, the full details of this deal remain a mystery
- Synliat Milk is a New Zealand company which produces a range of nutritional milk products around the world
- Under the agreement, Synlait is set to manufacture, blend and package nutrition products which include plant-based products
- Then the commercial production expected to start in mid-2022
- Asian markets are experiencing strong sector growth as consumers seek nutritional products that support better health
- On the market this afternoon, Synlait is down 2.85 percent and is trading for $4.78 per share
