Shane Solly: Harbour Asset Management expert on Synlait selling their Pokeno plant for $307 million
Heather du Plessis-Allan Drive · Newstalk ZB
September 29, 20252m 51s
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Show Notes
Synlait has confirmed the sale of its loss-making factory at Pōkeno to US company, Abbott.
The infant-formula company is selling the site and related assets for $307 million, and will use the proceeds to pay down debt.
Harbour Asset Management expert Shane Solly unpacks the data further.
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Topics
businessdairySynlait