IDB buys into Saudi Arabian firm
The debt-free' dairy giant is to take on the Middle East and North Africa region,
The Irish Dairy Board (IDB), the Euro 2 billion diary operation owned by a number of Irish co-ops, is to acquire a majority shareholding in a Saudi Arabian company, its first acquisition in the Middle East and one of its biggest yet. The acquisition – a 75 per cent interest which has been in the pipeline for a number of months – is the first step in the development of a ''manufacturing hub'' by IDB...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
