Globalisation ‘a challenge to producers’

AS markets become global, producers will need scale to maintain relative bargaining positions, Glanbia group managing director John Moloney said yesterday.

He was speaking at a Waterford Chamber of Commerce breakfast briefing on the future of Glanbia, the €1.8 billion turnover international dairy, consumer foods and food ingredients company.

It has 5,300 farmer suppliers and 4,000 employees in Ireland, the United States, Britain, Germany, Africa and Central America.