a2 Milk Company (a2MC) has completed its acquisition of China Mengniu Dairy Group’s subsidiary, Yashili New Zealand’s Pokeno plant for around NZ$282 million (US$167 million).
The integrated nutritional manufacturing facility has 2 China label infant milk formula product registrations attached to it.
Managing Director and CEO, David Bortolussi said, “This was a significant step in the company’s supply chain transformation. With full ownership we gain strategic control over two China label registrations, which we plan to relaunch under The a2 Milk Company brand within 12-18 months, with access to a potential third registration slot over time (all subject to China regulatory approvals).”
The Pokeno facility is a world-class facility producing a2MC’s English label products, a2 Gentle Gold and a2Genesis.
