Glanbia poised for growth through American acquisition

Glanbia poised for growth through American acquisition
Recipe for success Siobhan Talbot, Glanbia managing director, and Mark Garvey, financial director. Picture: Jason Clarke Photography

Glanbia is buoyant after another year of strong growth and can make more moves in the growing performance nutrition market, writes Michael Murray.

CytoSport, the US-based sports nutrition business, remains a potential takeover target for Glanbia as the bidding process for the US company remains a work in progress.

Following its results announcement last week Glanbia group managing director Siobhán Talbot said that any decision to raise new equity would be ''event driven. This followed reports - in circulation since last summer - that the performance nutrition and ingredients group is on a shortlist of potential buyers for...

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