There's been a 93% vote in favour of setting up Glanbia Ireland at a special general meeting of the Glanbia Co-Op at the Punchestown Event Centre today.
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.
All resolutions were carried
Image courtesy Glanbia