Dairy
Lakeland Dairies and LacPatrick have today formally completed the merger of the two societies to form a new entity.
Northern Ireland based dairy co-operative Dale Farm recently announced its price for February milk supplies.
Milk processor LacPatrick has followed the suit of its soon-to-be business partner in holding its price in one jurisdiction and dropping in the other.
Agri-Business
The much anticipated merger between Lakeland Dairies and LacPatrick Dairies has finally been given the green light.
LacPatrick has become the latest milk processor to announce its price for January supplies, revealing its decision to hold its price.
The UK's Competition and Markets Authority has revoked its enforcement order, ending a freeze on the merger between Lakeland and LacPatrick.
A merger between major Irish milk processors Lakeland and LacPatrick could be completed as early as next month, AgriLand can reveal.
LacPatrick Dairies has agreed to pay a winter bonus to its Northern Ireland suppliers, after considerable unrest among its suppliers.
The UK Competition and Markets Authority has announced that it is investigating the proposed merger of Lakeland and LacPatrick Dairies.
LacPatrick Co-op has informed its staff of a series of cuts on bonuses and holiday pay, underlining the need to become more efficient
LacPatrick Dairies has announced its decision to lower its milk price for October supplies following a meeting of the co-op's board.
The merger between Lakeland Dairies and LacPatrick Dairies has been cautiously welcomed by LacPatrick supplier Brian Treanor.
The recently-announced merger between Lakeland Dairies and LacPatrick Dairies "is the way forward" - but will take time, according to Thomas Rogers.
The decision by LacPatrick and Lakeland shareholders to approve the proposed merger of co-ops has been welcomed by IFA president Joe Healy.
Strong majority backing from shareholders of both Lakeland Dairies and LacPatrick Dairies for a merger has been cautiously welcomed by the ICMSA.
Shareholders at LacPatrick Dairies have voted in favour of merging with Lakeland Dairies at the co-operative's SGM today.
Further details of Lakeland's proposed merger with LacPatrick Dairies have come to light, while Lakeland Dairies will hold nine info meetings.
Lakeland Dairies and LacPatrick Dairies have reached agreement on terms with both co-op boards recommending a proposed merger to shareholders.
LacPatrick has become the latest processor to reveal its milk price for August supplies, announcing its price today.
Merger talks between senior figures at Lakeland Dairies and LacPatrick are entering the final stages with details of a deal expected soon.
LacPatrick Dairies has set its milk price for July following a meeting of its board earlier today (Monday, August 20).
LacPatrick Dairies has revealed its milk price for June supplies, following a meeting of the board today (Wednesday, July 18).
The boards of LacPatrick and Lakeland have agreed to enter into exclusive discussions regarding an amalgamation of the two societies.
