July 30, 2021
Mataura Valley Milk Completion
The a2 Milk Company (a2MC) confirms the completion of its acquisition of a 75% interest in Mataura Valley Milk (MVM), a dairy nutrition business, located in Southland, New Zealand.
The terms of the transaction are consistent with those previously advised and provide for the acquisition of 75% of MVM for total consideration of NZ$268.5 million. The acquisition has been funded by a2MC’s existing cash reserves.
A further update on the acquisition will be provided at the time of the announcement of a2MC’s full year results in August.
David Bortolussi
Managing Director and Chief Executive Officer
The a2 Milk Company Limited
