Keytone Dairy Corporation Limited is a New Zealand-based, manufacturer and exporter of dairy and nutrition products. Keytone commenced manufacturing in 2013. Keytone has successfully commercialised and is currently selling whole and skim milk powder and other dairy powder blends under its proprietary brands, as well as manufacturing and packing a range of powdered dairy products for leading supermarkets, retail chains, dairy producers and other customers under their private label brands.
Keytone has been EBITDA positive for the past three years, and is focused on providing high-margin, value added products for export globally, including China and other Asian countries, as well as domestic sales to major New Zealand supermarkets. The Company seeks to accelerate its growth, utilising the funds raised in an IPO to expand its manufacturing capabilities and product lines, as well as to penetrate new and existing markets by investing in marketing and distribution capabilities. Revenue NZ$2.1m approx. 60% gross margin.
Attractively priced compared to Wattle and Bubs. Planning to target infant formula in the future.
