Glanbia Co-operative Society Limited has confirmed the completion of the transaction to acquire full ownership of Glanbia Ireland DAC. This follows the overwhel.
Glanbia Co-operative Society has announced details of its 2021 Trading Bonus Scheme and has confirmed the continuation of its monthly profit distribution payment for milk supplying Members.
It has also confirmed that, in the coming weeks, Glanbia Co-op will return a further €6.3m to 4,500 farmer shareholders under the terms of the 2020 Trading Bonus Scheme.
Glanbia Co-op owns 60% of Glanbia Ireland (“GI”) and receives a dividend each year which equates to 30% of the milk processor’s annual Profit-After-Tax (PAT). At the formation of GI in 2017, Members voted at a Special General Meeting (SGM) in Punchestown to ring-fence this dividend for distribution to active farmer Members of Glanbia Co-op.
The Glanbia Ireland (GI) and Kepak Group calf-to-beef programme is boosting farmer returns by €100/hd and it aims to enroll up to 50,000 animals in 2021,it is claimed.
The Glanbia Ireland (GI) and Kepak Group calf-to-beef programme is boosting farmer returns by €100/hd and it aims to enroll up to 50,000 animals in 2021,it is claimed.