Sunday October 25, 2020

Ornua bullish over Shanghai dairy

Group poised to build business in China

Gillian Nelis

Managing Editor

@gnelis
17th January, 2016
Kevin Lane, chief executive of Ornua Picture: Jason Clarke

The chief executive of Ornua, which last week announced the acquisition of a dairy products manufacturer in Shanghai, has said he is “not remotely concerned” about the current level of instability in the Chinese economy.

“When we make strategic investments, we do it for the long term,” Kevin Lane told The Sunday Business Post. “Notwithstanding the current situation, China is still a 1.3 billion person market and the second-largest economy in the world....

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