Companies
Dairygold chief to look at more M&A as core business ‘stagnating’
Turnover at Dairygold fell to €1.4 billion last year and there are a number of challenges the co-op is navigating
Dairygold, the country’s largest co-operative, plans to increase focus on its health and nutrition business as the global market for dairy products is “stagnating”, according to its interim chief executive.
As part of this, the co-op could purchase companies with an enterprise value of €100 million, Michael Harte, interim chief executive, of Dairygold, told the Business Post.
In 2023 the co-op acquired a 59 per cent shareholding in Vita Actives, which supplies ingredients and nutrition ...
