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 â€“ a 75 per cent interest which has been in the pipeline for a number of months â€“ is the first step in the development of a ''manufacturing hub'' by IDB...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team