Glanbia’s Yoplait sale costs 50 jobs

Glanbia has reached agreement to sell the Yoplait Ireland yoghurt business for €18m, but the move is set to result in the loss of 50 manufacturing jobs.

Glanbia has held the Irish franchise for Yoplait for the past 40 years, and introduced the popular French brand to Ireland in the early 1970s.

It is selling the country franchise to Yoplait’s ultimate owner, US food group General Mills, which has recently also bought the regional franchises for Yoplait in Britain and Canada.