WMP co-op votes to sell creamery to Glanbia

Wexford Milk Producers (WMP) co-op members have voted to sell Wexford Creamery to Glanbia Ingredients Ireland.

The deal included the purchase by Wexford Milk Producers of the 30% it didn’t own for €3m from UK processor Dairy Crest.

The transaction, approved in a 57% for and 43% against vote by 326 co-op members, remains subject to Competition Authority approval.