date:Dec 03, 2012
ributed to co-op shareholders, while the rest will go into the dairy processing joint venture GII.
Glanbia Co-op Society farmer shareholders recently supported a move by the company to spin out its milk processing business into a joint venture that will be 60% owned by the co-op, as part of the move to boost dairy processing capacity once EU milk quotas are abolished in 2015.
As the joint venture between Glanbia and the society was completed on 25 November, the company now intends to focus mor