Synlait Milk Ltd chief executive Leon Clement expanded on Friday on how the company proceeded to develop a dairy factory on land at Pokeno where restrictive covenants were removed by court order, then reinstated.
Synlait announced its conditional purchase of 28ha at Pokeno in February 2018
to establish its second nutritional powder manufacturing site.
“Due to the Pokeno land being rezoned industrial land from grazing land, and the development in the Pokeno area including the building of another dairy plant, Synlait was confident the land covenants no longer remained relevant. This was confirmed when the High Court removed the covenant in November 2018.
“It made sense as a result of zoning, and proper planning that allowed for industrial zoning, that the land covenants would be removed by the court, which they were.”
Mr Clement said Synlait only took legal title to the land after the High Court decision removing the land covenants, and their overturning by the Court of Appeal last week was unexpected.
He said Synlait remained committed to the location and would continue to engage with all parties involved.
10 May 2019: Court orders reinstatement of Pokeno quarry covenants affecting Synlait
Attribution: Company release.