Dairy Crest is investing in ingredients processing, especially infant fomula milk.
ADVERTISEMENT
Dairy Crest, former owners of Wexford Creameries, have paid £6m (€8.21m) to buy out the other 50% of their joint venture Promovita Ingredients.
Dairy Crest originally set up the company with Fayrefield Foods to supply the enzyme used in developing galacto-oligosaccharide (GOS), a prebiotic often used in infant formula.
Dairy Crest is near completion of a £20m plant to make the prebiotic at its cheese factory in Davidstow, Cornwall.
ADVERTISEMENT
The product will be on the market when commercial production gets going in early 2016.
Meanwhile, Dairy Crest has also invested £45m (€61.6m) in a manufacturing plant to produce demineralised whey at the same site.
Dairy Crest has had a strategic partnership with Fonterra since 2014 to market and sell the two products in the fast growing global infant formula market.
The dairy company’s sale of its liquid milk business to Muller for £80m (€109.6m) is due to be closed this week.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Dairy Crest, former owners of Wexford Creameries, have paid £6m (€8.21m) to buy out the other 50% of their joint venture Promovita Ingredients.
Dairy Crest originally set up the company with Fayrefield Foods to supply the enzyme used in developing galacto-oligosaccharide (GOS), a prebiotic often used in infant formula.
Dairy Crest is near completion of a £20m plant to make the prebiotic at its cheese factory in Davidstow, Cornwall.
The product will be on the market when commercial production gets going in early 2016.
Meanwhile, Dairy Crest has also invested £45m (€61.6m) in a manufacturing plant to produce demineralised whey at the same site.
Dairy Crest has had a strategic partnership with Fonterra since 2014 to market and sell the two products in the fast growing global infant formula market.
The dairy company’s sale of its liquid milk business to Muller for £80m (€109.6m) is due to be closed this week.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS