Competition Authority clears Glanbia / CMP deal

Food company Glanbia plc today confirmed that it has received approval from the Competition Authority to operate the CMP liquid milk, cream and juice-branded business of Cork's Dairygold Co-op.

The plan, which is worth €10m, was announced to the Stock Exchange on February 2. This initial effect was the loss of about 100 jobs at Dairygold's CMP plants in Cork and Mallow.