The Sligo based co-op, Aurivo, has thrown it’s cap in the ring, and expressed an interest in merging with LacPatrick.

“Aurivo has noted the developments in LacPatrick Dairies in recent days, and following a meeting on Monday, the board of Aurivo has agreed to participate in its formal process to assess strategic options,” an Aurivo statement read.

We believe that there would be a very good fit between the businesses

The co-op already has an interest in Northern Ireland, and receives an annual milk supply of 75m litres from the region.

“We believe that there would be a very good fit between the businesses of LacPatrick and Aurivo, given our complementary dairy portfolios and milk pools across the Republic and Northern Ireland.

“The consolidation process, in which Aurivo has a successful history, would strengthen our commitment to improving the lives of our member owners in the combined business,” the statement concluded.

Milk suppliers will be paid – LacPatrick board member

Suitors circling for LacPatrick

Aurivo believes LacPatrick would be a ‘good fit’

Aurivo is assessing the potential of a possible merger with the cross-border co-op.