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a2 Milk Company ( (ACOPF) ) has issued an update.
The a2 Milk Company has completed the acquisition of a nutritional manufacturing facility in Pokeno, New Zealand, which includes two China label infant milk formula product registrations. This acquisition is a strategic move to enhance the company’s supply chain and market presence, with plans to relaunch products under the a2 Milk brand within 12-18 months, pending regulatory approvals. The acquisition also positions the company closer to returning value to shareholders through a potential special dividend, contingent on regulatory approvals and the completion of a divestment.
More about a2 Milk Company
The a2 Milk Company operates in the dairy industry, focusing on producing and marketing milk and infant formula products. It is known for its a2 Milk brand, which contains only the A2 type of beta-casein protein, and has a significant market presence in regions like China and New Zealand.
For a thorough assessment of ACOPF stock, go to TipRanks’ Stock Analysis page.