A2 Milk Company share price on watch after announcing Canada launch

The A2 Milk Company Ltd (ASX:A2M) share price will be on watch after announcing its launch into the Canada market…

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The a2 Milk Company Ltd (ASX: A2M) share price will be one to watch on Thursday.

This follows the release of an announcement this morning which reveals that the infant formula and fresh milk company is expanding into a new market.

What did a2 Milk Company announce?

This morning a2 Milk Company announced that it has entered into an exclusive licensing agreement with Agrifoods Cooperative (Agrifoods) for the production, distribution, sale and marketing of a2 Milk branded liquid milk for the Canadian market.

The agreement will see a2 Milk Company provide Agrifoods with access to its intellectual property and marketing assets, as well as its proprietary systems and know-how relating to the sourcing and processing of a2 Milk. It will also work with Agrifoods and local Canadian dairy farmers to source milk locally.

Agrifoods intends to leverage its substantial capabilities in-market to establish distribution across Canada and has the primary responsibility for funding this venture.

No launch date has been confirmed, but the company expects that a range of liquid milk products will be released later in the calendar year.

a2 Milk Company's CEO, Geoffrey Babidge, said: "We are very pleased to form this partnership with Agrifoods through a well-structured license agreement. This arrangement gives us the ability to leverage the brand development work we have already undertaken in North America and expand into the Canadian market with a well-respected partner."

The Agrifoods CEO, Maheb Nathoo, was pleased to partner with a company he believes is an innovator in the industry.

Mr Nathoo said: "This is an excellent partnership and we are excited to be able to offer a2 Milk products to Canadian consumers. The a2 Milk Company is an innovator in the dairy industry and we are delighted to be partnering with them."

Should you invest $1,000 in Australian Clinical Labs Limited right now?

Before you buy Australian Clinical Labs Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Australian Clinical Labs Limited wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of A2 Milk. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Man pointing at a blue rising share price graph.
Share Gainers

Guess which ASX 300 stock just rocketed 17%!

Investors are sending the ASX 300 stock soaring higher on Wednesday. But why?

Read more »

Broker written in white with a man drawing a yellow underline.
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why Aurizon, JB Hi-FI, Nuix, and Platinum shares are tumbling today

These shares are falling on hump day. But why?

Read more »

A young woman wearing overalls and a yellow t-shirt kicks one leg in the air showing excitement over the latest ASX 200 shares to hit 52-week highs
Share Gainers

Why Firefly, Kelsian, NAB, and Zip shares are roaring higher today

These shares are having a good time on hump day. Let's find out why.

Read more »

A man and woman sit at a desk staring intently at a laptop screen with papers next to them.
Opinions

Where I'd invest $5,000 in ASX 300 shares right now

These stocks look like excellent investments today.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Broker Notes

Goldman Sachs says these ASX 200 stocks are strong buys

The broker is feeling very bullish about these stocks. But why?

Read more »

Business woman watching stocks and trends while thinking
Share Market News

5 things to watch on the ASX 200 on Wednesday

Here's what to expect on the local market today.

Read more »

A woman's hand draws a stylised 'Top Ten' on a projected surface.
Share Gainers

Here are the top 10 ASX 200 shares today

It was another tough day for investors this Tuesday.

Read more »