Monaghan-based dairy co-op LacPatrick has entered into exclusive merger talks with neighbouring co-op Lakeland Dairies. In a statement to the Irish Farmers Journal, LacPatrick said it had entered exclusive discussions with Lakeland “regarding an amalgamation of the two societies”.
Any agreement reached between LacPatrick and Lakeland will be subject to a vote of approval from the shareholders of both co-ops.
In April, LacPatrick announced its intention to seek a joint venture, partnership or merger with another milk processor following an emergency meeting of the co-op’s board after a number of months of cuts in farmer milk prices.
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.
Monaghan-based dairy co-op LacPatrick has entered into exclusive merger talks with neighbouring co-op Lakeland Dairies. In a statement to the Irish Farmers Journal, LacPatrick said it had entered exclusive discussions with Lakeland “regarding an amalgamation of the two societies”.
Any agreement reached between LacPatrick and Lakeland will be subject to a vote of approval from the shareholders of both co-ops.
In April, LacPatrick announced its intention to seek a joint venture, partnership or merger with another milk processor following an emergency meeting of the co-op’s board after a number of months of cuts in farmer milk prices.
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