Dairy farmers weigh up €500m deal to buy out Glanbia Ireland

The board of Glanbia Co-op is weighing up a potential deal to acquire the remaining 40 per cent of Ireland’s largest dairy business

Siobhan Talbot, chief executive of Glanbia: Since 2015, Glanbia Co-op has steadily reduced its stake in Glanbia plc from over 40 per cent via a number of share spin-outs as a means to raise capital and fund various investments Picture: Maura Hickey

Farmer milk suppliers to Glanbia Ireland are weighing up a potential €500 million deal to increase their majority stake in the dairy company above 60 per cent, the Business Post understands.

Glanbia Ireland is the largest dairy company in the country, and owns a number of household food brands including Avonmore, Kilmeaden, Premier milk and Wexford cheese.

The business is currently owned in a 60-40 joint venture arrangement between Glanbia Co-op, an investment vehicle owned ...