Companies

Dairy co-ops revive proposal to sell iconic €1bn Kerrygold brand

Seniro executives in the dairy industry have claimed Ornua, the owner of the Kerrygold brand, is at an inflection point and its most valuable asset should be hived off into a new company

Sales of Kerrygold topped €1.6 billion last year and are on track to hit a record €2 billion by 2025

Ornua, the Irish dairy co-op, has hit an “inflection point” and should consider selling its iconic Kerrygold butter brand after four senior executives announced they will leave the company in the coming months, a number of food industry sources have claimed.

The Irish dairy co-op, which is owned by a host of other dairy co-ops such as Tirlán in Kilkenny, Dairygold in Cork and Lakeland Dairies in Cavan, owns and markets the Kerrygold brand, which ...