Glanbia signs JV with Corman
The company will operate as Corman Miloko Ireland Limited.
05/07/05 Glanbia has signed a joint venture agreement with Belgian group Corman to manufacture and market dairy spreads and butterfat products. The company will operate as Corman Miloko Ireland Limited and involves an initial investment of €5m, rising to more than €10m over time.
The deal involves the transfer of a Glanbia-owned factory in Carrick-on-Suir, Co Tipperary, into Corman Miloko, as well as the Irish group’s existing butteroil equipment at its plant in Ballyragget, Co Kilkenny. The move secures 40 jobs at the Carrick-on-Suir facility.
http://www.timesonline.co.uk/article/0,,2095-1678376,00.html
All content and features on this website are copyrighted with all rights reserved. The full details can be found in our privacy statement
