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Wednesday 30 September 2026

Dairyworks

Second look: Synlait consumer and foodservice surge 29th September 2026 /

Second look: Synlait consumer and foodservice surge

Strong demand for cheese products and expanding UHT cream sales provided a crucial bright spot for Synlait, helping offset ongoing margin collapses in its high-value infant nutrition division.


Synlait strong, Dairyworks and foodservice flat 25th March 2025 /

Synlait strong, Dairyworks and foodservice flat

Synlait put last year’s struggles behind it in the first half, rocketing back into the black as its advanced nutrition business offset a subdued consumer and foodservice performance.


Synlait CEO resigns 21st October 2024 /

Synlait CEO resigns

Grant Watson has resigned, with the boss of Synlait’s consumer cheese division Dairyworks tapped to temporarily fill the gap.


Second look at Synlait: Record year for Dairyworks 1st October 2024 /

Second look at Synlait: Record year for Dairyworks

Synlait’s consumer division delivered a strong performance in 2024, with its flagship Dairyworks reporting record earnings fuelled by export growth.


Synlait pulls Dairyworks, leans on Bright Dairy loan as milk suppliers look to exit 4th June 2024 /

Synlait pulls Dairyworks, leans on Bright Dairy loan as milk suppliers look to exit

The beleaguered milk processor looks likely to pursue an equity raise as it faces a raft of milk suppliers wanting to quit.


Dairyworks deal fell through last week – Synlait 3rd April 2024 /

Dairyworks deal fell through last week – Synlait

The milk processor was close to clinching a deal for its consumer cheese division Dairyworks last week before the buyer walked away.


Synlait’s Dairyworks sale sluggish 10th November 2023 /

Synlait’s Dairyworks sale sluggish

Indicative bids are in for Synlait’s consumer dairy business, however, they are reportedly short of the expected price-tag of around $130m.


Synlait, Talbot Forest Cheese legal action over 8th June 2023 /

Synlait, Talbot Forest Cheese legal action over

Synlait has reached a settlement in the legal action over its circa $38.5m purchase of Geraldine speciality cheesemaker Talbot Forest Cheese.


Synlait weighs up Temuka future 27th September 2022 /

Synlait weighs up Temuka future

Uncertainty over re-opening its troublesome Temuka asset lands Synlait with a $12.2m impairment in an otherwise strong set of annual results, which see it return to profit.


Dairyworks’ Tim Carter: “We’re acting like there is Delta in the South Island” 27th August 2021 /

Dairyworks’ Tim Carter: “We’re acting like there is Delta in the South Island”

The Canterbury-based company has stood up a raft of ever more stringent measures to protect against the latest outbreak.