Synlait Milk’s acquisition of Canterbury company Dairyworks is great news for the New Zealand dairy industry, says Katherine Rich.

“This is an exciting development. It brings together two innovative companies and reunites a dairy industry dream team of Leon Clement and Tim Carter, who once worked together at Fonterra.

“Dairyworks has carved out a great reputation in taking innovative branded dairy products to markets across New Zealand, Australia and Asia. One big success is having its cheeses in every Woolworths supermarket in Australia.

“The two companies will be a great fit, and I expect Synlait’s international connections will open even more doors for Dairyworks’ products, particularly in China.”