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Reuters
Reuters
Business

NZ's a2 Milk enters deal to expand into South Korea

(Reuters) - New Zealand's a2 Milk Company <ATM.NZ> entered an exclusive agreement with South Korean pharmaceutical firm Yuhan Corporation to distribute a2's products in South Korea, the dairy firm said on Monday.

The product range will be sourced from Australia and New Zealand and will be provided by Synlait Milk Limited <SML.NZ>, a2 said in a statement.

Initial sales are expected to commence during the second half of calendar year 2018.

(Reporting by Aaron Saldanha in Bengaluru; Editing by Stephen Coates)

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