John Moloney, group MD of Glanbia, said: “At this point in our development, we face clear, strategic choices as we approach a post-quota era. The proposed new joint venture is based on an existing, well-invested and profitable international dairy ingredients business.
“This creates a strong platform from which to grow milk volumes and to capture the benefits arising from increased milk production and processing, post the abolition of milk quotas.”
Source: Glanbia
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