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A2 Milk (ASX:A2M) share price on watch after acquisition update


A2 Milk (ASX:A2M) share price on watch after acquisition update
This infant formula company is close to completing an acquisition…
James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. ....

New Zealand , New Zealand General , Geoff Babidge , Zealand Overseas Investment Office , Company Ltd , China Animal Husbandry Group , China National Agriculture Development Group , Fonterra Group , New Zealand Overseas Investment Office , Mataura Valley , Valley Milk , Mataura Valley Milk , Synlait Milk , Fonterra Co Operative Group , புதியது ஜீலாந்து , ஜீலாந்து ஓவர்‌ஸீஸ் முதலீடு அலுவலகம் , நிறுவனம் லிமிடெட் , சீனா விலங்கு வளர்ப்பு குழு , புதியது ஜீலாந்து ஓவர்‌ஸீஸ் முதலீடு அலுவலகம் , மாதௌுர பள்ளத்தாக்கு , பள்ளத்தாக்கு பால் , மாதௌுர பள்ளத்தாக்கு பால் ,

A2 Milk sees Mataura Valley returning a profit in 2025


A2 Milk sees Mataura Valley returning a profit in 2025
24 Dec, 2020 02:26 AM
3 minutes to read
NZX-listed A2 Milk expects its soon-to-be-acquired Southland milk processor Mataura Valley Milk to be earnings positive by 2025.
Mataura Valley, currently owned by China Animal Husbandry Group (CAHG), made a $47 million loss in 2019.
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A2 Milk, which bases its product offer on dairy that is free of the a1 beta protein, first announced plans to buy a 75 per cent of Mataura Valley in August.
In a statement today, a2 Milk confirmed that it had entered into binding agreements to buy a 75 per cent interest in Mataura Valley for $268.5m. ....

New Zealand General , New Zealand , Co Ltd , Investment Office , Holdings Shanghai , China Animal Husbandry Group , China National Agriculture Development Group , Mataura Valley Milk , Mataura Valley , Synlait Milk , Overseas Investment Office , China State Farm , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , இணை லிமிடெட் , முதலீடு அலுவலகம் , ஹோல்டிங்ஸ் ஷாங்காய் , சீனா விலங்கு வளர்ப்பு குழு , மாதௌுர பள்ளத்தாக்கு பால் , மாதௌுர பள்ளத்தாக்கு , ஓவர்‌ஸீஸ் முதலீடு அலுவலகம் , சீனா நிலை பண்ணை ,

A2 confirms majority stake in Mataura Valley Milk


Mataura Valley s current majority shareholder is a Chinese state-owned enterprise, China Animal Husbandry Group (CAHG), which will retain a 25 per cent interest.
The group is a subsidiary of China National Agriculture Development Group, which is the parent of a2’s strategic logistics and distribution partner in China, CSFA Holdings Shanghai (China State Farm).
John Hawkins/Stuff
Mataura Valley Milk opened its $226m plant near Gore in 2018.
Babidge said it was pleasing the transaction had the support of all Mataura’s existing minority shareholders, ‘’many of whom are farmer suppliers.”
The purchase will give it dual supply arrangements for nutritional products, complementing its existing supply relationships with Synlait Milk and Fonterra, he said. ....

New Zealand , New Zealand General , Tingwu Xue , Geoff Babidge , Zealand Overseas Investment Office , China Animal Husbandry Group , China National Agriculture Development Group , Holdings Shanghai China State Farm , Mataura Valley Milk , China State Farm , Synlait Milk , New Zealand Overseas Investment , புதியது ஜீலாந்து , புதியது ஜீலாந்து ஜநரல் , ஜீலாந்து ஓவர்‌ஸீஸ் முதலீடு அலுவலகம் , சீனா விலங்கு வளர்ப்பு குழு , ஹோல்டிங்ஸ் ஷாங்காய் சீனா நிலை பண்ணை , மாதௌுர பள்ளத்தாக்கு பால் , சீனா நிலை பண்ணை , புதியது ஜீலாந்து ஓவர்‌ஸீஸ் முதலீடு ,