About Synlait
Synlait is a publicly listed company based in Rakaia (New Zealand) founded in 2000. Nutritional milk products are manufactured using farming and processing techniques. Synlait has raised $22.09 million across 2 funding rounds from investors including AN Support Services India Private Limited and Bright Dairy & Food. The company has 560 employees. Synlait has completed 2 acquisitions, including Dairyworks and Talbot Forest Cheese. Its website synlait.com draws about 41 thousand monthly visits. Synlait offers products and services including Nutritional Milk Products and Sustainability Services. Its legal entity is Synlait Ltd.
Company details
Synlait was founded in 2000 in Rakaia, New Zealand, and operates in the dairy sector. Nutritional milk products are produced through a combination of farming practices and processing methods for global markets. Sustainability is integrated into operations, while innovation is applied to processes and product development. A range of milk-based items is offered to support health applications.
- Headquarters Rakaia, New Zealand
- Employees 560
- Stage Public
- Email••••••••
- Website synlait.com
- Social LinkedIn X Facebook
- Legal Name Synlait Milk Ltd.
- Annual Revenue$984.98 M (USD)5.79as on Jul 31, 2026
- Net Profit-$44.23 M (USD)-89.44as on Jul 31, 2026
- EBITDA-$16.67 M (USD)-158.18as on Jul 31, 2026
- Total Equity Funding$22.09M (USD)
in 2 rounds
- Latest Funding Round$31.3M (USD), Debt – Conventional
Sep 2019
- Investors
- Employee Count560
- Investments & AcquisitionsDairyworks
& 1 more
Products & Services of Synlait
Synlait offers a comprehensive portfolio of products and services, including Nutritional Milk Products and Sustainability Services.
Nutritional milk products are produced by combining expert farming and state-of-the-art processing for global customers, with these items being designed to offer benefits for human health and wellbeing.
Sustainability services are implemented by integrating people and planet considerations into core operations, including B Corp certification and daily practices that support environmental responsibility.
Funding Insights of Synlait
Synlait has successfully raised a total of $22.09M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $31.3 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $22.09M
- Total Rounds 2
- Last Round Debt – Conventional — $31.3M
- First Round $22.09M
(Jun 2007)
- Investors Count 2
All 2 funding rounds of Synlait with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $31.3M | Debt – Conventional | – | – | |
| Jun 2007 | $22.09M | Series C | – | – |
2 investors in total: 2 institutional.
Investors in Synlait
Synlait has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include AN Support Services India Private Limited and Bright Dairy & Food.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of financial solutions for individuals and businesses | 1835 | anz.com.au | Melbourne, Australia | |
Manufacturer and brand of dairy products | 1911 | brightdairy.com | Minhang, China |
Investor details for Synlait
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People of Synlait
77 people are tracked at Synlait (20 in leadership, 9 in board & advisors, 48 in team); the tracked headcount is 560.
| Name | Role | Group |
|---|---|---|
Samantha Rogers | Head Of Workforce Strategy - North Island | Leadership |
Abby Ye | President, China & Director, Foodservice | Leadership |
Ting Bailey | Head Of Financial Operations & Systems | Leadership |
Robert Stowell | CFO | Leadership |
Glenn Laing | Director, Manufacturing | Leadership |
Stephanie Manning | Director People & Culture | Leadership |
Tim Carter | Dairyworks CEO & Director, Consumer | Leadership |
Charles Fergusson | Director, On-Farm Excellence & Business Sustainability | Leadership |
Paul Mallard | COO | Leadership |
Naiche Nogueira | Director, Advanced Nutrition | Leadership |
David Wolfe | Head Of Assets & Engineering | Leadership |
Kirsty Trengrove | Talent Acquisition Business Partner | Leadership |
Andy Liu | Chief Financial Officer | Leadership |
Meredith Evans | Head Of IT Operations And Services | Leadership |
Jamie Mountier | Head Of Fp&a | Leadership |
Fraser Grant | Head Of Quality Transformation | Leadership |
Charles F. | Director On Farm Excellence And Business Sustainability | Leadership |
Elsje Harris | Head Of HR Shared Services And Remuneration | Leadership |
Natasha Croft | Head Of Category Strategy | Leadership |
David Williams | Head Of On Farm Excellence | Leadership |
57 more people are available in the full profile.
Complete people profiles for Synlait
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IPO & Listings of Synlait
Synlait is a publicly listed company on the NZX with ticker symbol SML in New Zealand, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Nov 2016
- Listed onASX: SM1
- Listed entitySynlait Milk Ltd.
- Exchange sectorConsumer non-durables
- ISINNZSMLE0001S9
- Share price0.46 NZD (-2.13% on the day) · 2026-10-14
- Market capitalisation283,503,116.00 NZD
- EPS (diluted, trailing year)-0.13 NZD
- Volume (last session)126,963
Financials of Synlait
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2026 | 1.68B NZD | -75.4M NZD | -28.4M NZD |
| 2025 | 1.59B NZD | -39.8M NZD | 48.9M NZD |
| 2024 | 1.64B NZD | -182.1M NZD | -14.3M NZD |
| 2023 | 1.60B NZD | -4.3M NZD | 81.2M NZD |
| 2022 | 1.40B NZD | 38.5M NZD | 94.3M NZD |
Detailed financial statements for Synlait
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Investments & Acquisitions by Synlait
Synlait has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dairyworks and Talbot Forest Cheese.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cheese and ice cream products are manufactured by Dairyworks. | dairyworks.co.nz | New Plymouth, New Zealand | 2001 | Oct 2019 | $71.08M | |
Manufacturer & brand of cheese | talbotforestcheese.co.nz | Timaru, New Zealand | 2000 | Sep 2018 | •••• |
Complete acquisition details for Synlait
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Timeline of Synlait
6 dated milestones of Synlait across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Synlait is founded.
- Funding First funding round of $22.1M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Talbot Forest Cheese.
- Funding Latest funding round, Debt – Conventional, of $31.3M.
- Acquisition Acquires Dairyworks.
Web traffic of Synlait
The website of Synlait (synlait.com) receives about 40.7K visits a month.
- Monthly visits40.7K
▲ 213.9% vs previous month
Websites whose visitors overlap most with Synlait. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| talleys.co.nz | 100% | #1,377,912 | View details | ||
| opencountry.co.nz | 94% | 5.3K | #3,613,983 | View details | |
| westland.co.nz | 92% | 16K | #1,780,536 | View details | |
| oatkamilk.com | 84% | View details | |||
milkingredients.ca | milkingredients.ca | 84% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Synlait
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Related news about Synlait
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Frequently Asked Questions about Synlait
Synlait was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Synlait is headquartered in Rakaia, New Zealand. It is registered at Rakaia, Canterbury, New Zealand.
Synlait is a funded company, having raised a total of $22.09M across 2 funding rounds to date. The company's 1st funding round was a Series C of $22.09M, raised on Jun 2007.
Synlait has 560 employees.
Annual revenue of Synlait is $984.98M as on Jul 31, 2026.
Synlait was founded in 2000 in Rakaia, New Zealand, and operates in the dairy sector. Nutritional milk products are produced through a combination of farming practices and processing methods for global markets. Sustainability is integrated into operations, while innovation is applied to processes and product development. A range of milk-based items is offered to support health applications.
Synlait offers Nutritional Milk Products and Sustainability Services.
Yes, Synlait is publicly traded on NZX under the ticker symbol SML.
Synlait has made 2 acquisitions, including Dairyworks, and Talbot Forest Cheese.
Synlait has 2 investors. Key investors include AN Support Services India Private Limited, and Bright Dairy & Food.
Synlait operates through Synlait Ltd.