Irish dairy giant Glanbia signs DII JV agreement
date:Aug 30, 2012
e joint venture for both parties as it facilitates the expansion of dairy processing in Ireland in advance of EU milk quota abolition in 2015, while also ensuring that Glanbias financial resources are directed towards business segments that deliver the highest return on capital for all shareholders,said Glanbia.

EU milk production is expected to increase by between 55% and 60% in the five years following the milk quota abolition.

Earlier this week, Glanbia was granted permission to build a new
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