Special General Meeting Of Glanbia Co-Op On "Glanbia Ireland" Proposals Takes Place In Kildare Today.
A special general meeting of the Glanbia Co-Op is taking place in Kildare today.
It is to enable eligible shareholders to vote on the "Glanbia Ireland" proposals
Glanbia Co-op has reached agreement with Glanbia plc to create Glanbia Ireland, a strategic joint venture encompassing Glanbia Ingredients Ireland, Consumer Products and Agribusiness.
Glanbia Ireland will own leading consumer and agri brands such as Avonmore, GAIN, Kilmeaden Cheese, Premier and Wexford.
With annual revenue of €1.5 billion, Glanbia Ireland will be a diversified business majority owned by Glanbia farmers.
The meeting takes place at the Punchestown Event Centre, beginning at midday.
An announcement of the result of the vote is expected at 4 O'clock.
Image:Siobhan Talbot, Glanbia Group Managing Director pictured at the Glanbia Co-Op Special General Meeting at Punchestown Event Centre in Co. Kildare. Picture Dylan Vaughan