Glanbia Ireland

Glanbia plc and Glanbia Co-op have today announced they have signed a non-binding memorandum of understanding for the sale of 40 per cent stake in Glanbia Ireland to Glanbia Co-op for a purchase price of €307 million ($352 million). The transaction will allow Glanbia to focus on its two growth platforms, Glanbia Performance Nutrition and Glanbia Nutritionals, as well as strategic joint ventures. “Glanbia Ireland has a successful heritage, and …