Glanbia plan supported, claims group

THE Fresh Milk Producers Group, which wants to convert Glanbia plc into a farmer-owned co-op, has claimed strong support for the proposal at meetings over the last 12 days.

But a spokesman for Glanbia said nothing had changed following the FMP meetings in Dungarvan, Carlow and Navan.

He said the overriding concern at all meetings, which were reported in the press, was in relation to the level of debt associated with the proposal for not one cent of additional economic activity.