Menu
16/01/2019
British Watchdog To Investigate Irish Dairy Merger
The Competition and Markets Authority in Britain (CMA) has launched an inquiry into a merger of two Irish dairies.
Cavan based company Lakeland Dairies agreed to join with Northern Ireland's LacPatrick Dairies last October, after shareholders of the two co-operatives approved the deal.
The new society was set to adopt the name of Lakeland Dairies, and with 3,200 suppliers would process over 1.8 billion litres of milk annually with revenues of over €1b.
The CMA is assessing whether the transaction could result in a lack of competition, and has set a deadline for the decision on the first phase for Wednesday 13 March.
(JG/CM)
Cavan based company Lakeland Dairies agreed to join with Northern Ireland's LacPatrick Dairies last October, after shareholders of the two co-operatives approved the deal.
The new society was set to adopt the name of Lakeland Dairies, and with 3,200 suppliers would process over 1.8 billion litres of milk annually with revenues of over €1b.
The CMA is assessing whether the transaction could result in a lack of competition, and has set a deadline for the decision on the first phase for Wednesday 13 March.
(JG/CM)
Related Irish News Stories
Click here for the latest headlines.
24 June 2008
Other Breaking News
Motorcyclist Dies In Cork A 58-year-old motorcyclist has died following a crash in Ballinhassig, Co Cork, on Monday afternoon. The man's motorcycle crashed into a wall in Rigsdale just before 4pm. He was taken to Cork University Hospital, where he was pronounced dead a short time later. Gardaí are appealing for any witnesses to come forward.
Other Breaking News
Motorcyclist Dies In Cork A 58-year-old motorcyclist has died following a crash in Ballinhassig, Co Cork, on Monday afternoon. The man's motorcycle crashed into a wall in Rigsdale just before 4pm. He was taken to Cork University Hospital, where he was pronounced dead a short time later. Gardaí are appealing for any witnesses to come forward.
30 June 2011
Coveney Re-Affirms Ireland And Britain's Trading Relationships
Discussing his visit to the UK today and Friday, the Minister for Agriculture, Food and the Marine, re-affirmed the importance of bilateral trade in food and drink trade between Ireland and the UK and the close relationships between the two industries and both Governments.
Coveney Re-Affirms Ireland And Britain's Trading Relationships
Discussing his visit to the UK today and Friday, the Minister for Agriculture, Food and the Marine, re-affirmed the importance of bilateral trade in food and drink trade between Ireland and the UK and the close relationships between the two industries and both Governments.
22 June 2016
Minister Hosts Meeting To Discuss Irish Dairy Sector
Minister for Agriculture, Food and the Marine, Michael Creed, has hosted his first meeting of the new Dairy Forum, alongside key stakeholders of the Irish dairy sector. The forum met to discuss ongoing challenges in the sector with an emphasis on current market developments and the response currently under consideration at EU level.
Minister Hosts Meeting To Discuss Irish Dairy Sector
Minister for Agriculture, Food and the Marine, Michael Creed, has hosted his first meeting of the new Dairy Forum, alongside key stakeholders of the Irish dairy sector. The forum met to discuss ongoing challenges in the sector with an emphasis on current market developments and the response currently under consideration at EU level.
02 February 2015
Govt Announce Dairy Industry Investment
The government has announced an investment of €35m in two dairy processing innovation facilities. The money will be invested in a new Dairy Processing Technology Centre and an upgrade of an existing testing plant. The investment comes less than two months before dairy quotas are lifted for the first time in three decades.
Govt Announce Dairy Industry Investment
The government has announced an investment of €35m in two dairy processing innovation facilities. The money will be invested in a new Dairy Processing Technology Centre and an upgrade of an existing testing plant. The investment comes less than two months before dairy quotas are lifted for the first time in three decades.
27 November 2013
€20m To Be Invested In 'Milk Food' Research
Funding of more than €20m is to be used by the Foods for Health Ireland (FHI) group to research milk for bioactive ingredients that could be used to develop new foods with nutritional and health benefits. The money is being supplied by the Department of Jobs through Enterprise Ireland, the IDA and five companies involved in the research at FHI.
€20m To Be Invested In 'Milk Food' Research
Funding of more than €20m is to be used by the Foods for Health Ireland (FHI) group to research milk for bioactive ingredients that could be used to develop new foods with nutritional and health benefits. The money is being supplied by the Department of Jobs through Enterprise Ireland, the IDA and five companies involved in the research at FHI.
-
Ireland WeatherThis Evening and Tonight:This evening will be cloudy with outbreaks of rain, these clearing away towards midnight. Then the rest of the night will be dry with clear periods. Minimum temperature 12 °C.
