date:Jun 13, 2012
proceeds of the sale into its strategic growth plans and international acquisitions prospects.
The sale of our continental cheese packing business to Royal FrieslandCampina N.V. is another significant strategic step for IDB, saidIrish Dairy Board CEO Kevin Lane.
The divestment will unlock additional capital to develop more focused routes to market for Irish product at a time when IDB Belgiums future potential can best be realised with the support of a local dairy partner.
Royal FrieslandCampi