Ann: Entry into Manufacturing Agreement with Sprout Organic, page-39

You’re referencing Synlait... a mega-scale plant built for throughput, not flexibility. Of course switching between lines there is inefficient. But comparing that to AHF’s bespoke, low-volume dryer is apples to oranges.

Camperdown isn’t chasing throughput. It’s built for high-margin, small-batch co-manufacturing. That’s why Sprout didn’t go to Synlait or Bubs. They wanted agility, not scale.

As for viability: there’s no CapEx, no guaranteed volume, no sunk cost. If Sprout places orders and margins make sense, AHF produces. If not, they don’t. Commercial risk is near zero. If bigger players are too rigid to make dual runs work, maybe that’s the opportunity AHF is quietly walking into.