BREAKING: Two massive Tipperary co-operatives in discussions about amalgamation

Arrabawn Dairy Co-operative Society Limited (Arrabawn) and Tipperary Co-operative Creamery Limited (Tipperary) can confirm that they have entered preliminary exclusive discussions regarding possible integration of their operations, including potential amalgamation.

The exclusive exploratory process has been undertaken by the neighbouring co-ops with a view to creating a stronger entity within the Irish dairy industry.

The milk pool of both would place a combined entity in the top four co-op processors in Ireland.

Discussions are at an early phase with no decisions made around a potential transition.

Any change in structure would be subject to due diligence and require approval of the board of directors and ultimately the milk suppliers of both co-ops, as well as regulatory approvals.

A merger would only be considered if it would enhance the return for milk suppliers, members, employees, and customers, while at the same time maintaining the co-ops’ commitment to delivering the highest quality product and sustainable development of the Irish dairy industry.

Further updates will be provided as appropriate. In the meantime, both co-operative societies will continue to operate their businesses as usual.