Westland Milk Products

Location: Westland Milk Products is headquartered in Hokitika, on the West Coast of New Zealand's South Island. The company operates a main processing factory in Hokitika, with additional facilities throughout the region to optimize milk collection, processing, and distribution.

Management

The company is currently under the guidance of Andy Liu, who is instrumental in strategic decision-making and overseeing the overall operational aspects of Westland Milk Products.

Financial Indicators

Westland Milk Products has shown consistent financial growth. In 2022, the company's revenue reached approximately NZD 880 million, with an EBITDA of NZD 120 million, indicating strong financial health and efficiency in operations.

Important Company Events

A significant milestone for Westland Milk Products was the acquisition by Yili Group, a leading Chinese dairy company, in 2019. This acquisition has facilitated the expansion of Westland's market reach, especially in Asia, utilizing Yili's extensive distribution network. Under the leadership of Andy Liu, the company has emphasized sustainability by investing in renewable energy projects and improving supply chain efficiencies.

Company Plans

The future plans of Westland Milk Products involve further expansion into Asian and Middle Eastern markets, supported by Yili Group's global influence. The company is heavily investing in research and development to innovate and diversify its product offerings, focusing primarily on high-value nutrition products such as infant formulas and sports nutrition. Westland is also committed to achieving carbon neutrality by 2030, aligning with the global shift towards environmentally sustainable practices. Moreover, the company has announced a 10-cent premium above Fonterra’s payout for the next two seasons, enhancing its competitive stance in the market.

Modified: 2025/02/05

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