Glanbia Reach Agreement on New Dairy Processing Joint Venture
date:Oct 24, 2012
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The existing DII business is the largest dairy ingredients processor in Ireland, assembling a milk pool of 1.6 billion litres and processing it into c.180,000 tonnes of dairy ingredients largely for export to over 50 countries worldwide. In 2011, DII generated revenue of 738 million, operating profit of 33 million and EBITDA of 44 million.
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