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IFA will facilitate information meetings on potential Kerry Co-op deal

Apr 9, 2021 13:07 By radiokerrynews
IFA will facilitate information meetings on potential Kerry Co-op deal
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The President of the Irish Farmers Association says the organisation is willing to facilitate information meetings on any potential Kerry Co-op joint venture deal.

It's being reported that negotiations are nearing a conclusion on a deal that would see Kerry Co-op initially buy 60% of Kerry Group plc's dairy business.

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It's understood the deal may include the new joint venture company buying the entire dairy business outright within five years.

President of the IFA, Tim Cullinan says there are around 2,700 milk suppliers involved and they must be properly engaged with before any deal is struck:

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