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General Business
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Synlait buys farm next door for $26m

UPDATE: Vendor identifed as Zhaobai Jiang of Shanghai Pengxin

NBR staff
Wed, 11 Mar 2020

UPDATE: The Overseas Investment Office as published details of its decision to approve the $25.7 million purchase of 582ha of farmland by Synlait Milk, citing a substantial and identifiable benefit to New Zealand.

Synlait announced the acquisition on March 11 without naming the vendor.

The

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NBR staff
Wed, 11 Mar 2020
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Synlait buys farm next door for $26m
General Business,
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