Tirlán to seek member approval to sell off more shares in Glanbia 

Chairperson says they firmly believe that now 'is the right time to provide our co-op with greater flexibility'

Tirlán currently has a 28.9% stake in Glanbia. 

Irish dairy cooperative Tirlán is to hold a special general meeting of its members to approve new governance rules which would allow it to sell its remaining shares in Glanbia which could be worth €239m.

Tirlán, formerly known as Glanbia Ireland before it rebranded in 2022, currently has a 28.9% shareholding in food company Glanbia plc but under its current rules the board of Tirlán cannot reduce its shareholding in Glanbia below 17%.