Intervention sought in Breeo takeover

THE intervention of Tánaiste Mary Coughlan was sought yesterday to have the Competition Authority drop its Supreme Court appeal against a High Court decision allowing the Kerry Group takeover of Breeo Foods.

Irish Farmers’ Association president Padraig Walshe informed Ms Coughlan he was very dismayed at the Competition Authority’s appeal.

He said the sale of Breeo by Dairygold/Reox to Kerry was first agreed in March 2008 and has already been held up by the Competition Authority for 13 months.