Dairy board buys British cheese ingredient firm

THE acquisition by the Irish Dairy Board of a leading cheese ingredient supply company in Herefordshire is aimed at giving the co-op a stronger presence in the British prepared convenience foods market.

Demographic and lifestyle changes are driving growth in the sector across Europe, with Britain at the forefront of the expansion. Cheese is a popular ingredient across a wide range of prepared convenience foods.

The IDB acquisition of the Meadow Cheese Group, a cheese ingredient supplier to the British prepared convenience foods sector, is subject to completion of due diligence and legal formalities.