Having obtained all regulatory approvals, the merger of the two organizations is scheduled to close on 30 June 2014.
Dairytown’s chairman, James Walker, is enthusiastic about the merger and for the opportunity to build on each organisation’s respective strengths in Atlantic Canada.
“We are pleased to join other milk producers who share our vision and values,” he said.
“This merger will allow us, as did the Farmers Dairy/Agropur Cooperative merger last year, to pool our processing assets and to keep them all in the hands of our producer-members to ensure the sustainability of our Cooperative,” said Agropur president Serge Riendeau.
Source: Agropur
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