The a2 Milk Company
New Zealand public dairy company
The a2 Milk Company
Type | Public |
---|---|
Traded as | ASX: A2M, Template:NZX |
Key people | David Hearn (Chairman), David Bortolussi (CEO) |
Industry | Dairy |
Products | Milk, Infant formula, Cream, Yogurt |
Revenue | NZ$1.73 billion (2020) |
Operating income | NZ$549.7 million (2020) |
Net income | NZ$385.8 million (2020) |
Employees | 300+ (2020) |
Website | [thea2milkcompany.com Official website] |
The a2 Milk Company is a New Zealand-based public dairy company that specializes in the production and marketing of A2 protein-only milk and related products. The company was founded in 2000 by Corran McLachlan, a scientist who discovered that proteins in milk could be categorized into A1 and A2 types. The a2 Milk Company focuses on producing milk that contains only the A2 type of beta-casein protein, which is believed to be easier to digest for some people.
History[edit | edit source]
The a2 Milk Company was established in 2000 by Corran McLachlan and Howard Paterson. The company initially focused on the New Zealand market but has since expanded its operations internationally, including in Australia, China, and the United States. The company was listed on the New Zealand Exchange (NZX) in 2004 and later on the Australian Securities Exchange (ASX) in 2015.
Products[edit | edit source]
The a2 Milk Company offers a range of dairy products, including:
These products are marketed as being easier to digest for people who may experience discomfort from consuming regular milk that contains both A1 and A2 proteins.
Market Expansion[edit | edit source]
The a2 Milk Company has seen significant growth in recent years, particularly in the Chinese market, where there is a high demand for premium infant formula. The company has also expanded its presence in the United States, where it has partnered with major retailers to distribute its products.
Controversies[edit | edit source]
The a2 Milk Company has faced criticism and legal challenges from competitors and regulatory bodies. Some of these controversies revolve around the health claims made about A2 protein-only milk and its purported benefits over regular milk.
See also[edit | edit source]
References[edit | edit source]
External links[edit | edit source]
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