Dairygold shareholders give 98% approval to planned business split

THE tone for a special general meeting of Dairygold Co-op shareholders held in Mallow yesterday was set by the background music chosen for the registration of voters.

The tranquility of the easy to listen tunes was in harmony with the mood of the 1,445 shareholders who gave a massive endorsement to proposals by the co-op's directors and management.

The purpose of the meeting was to take key decisions for an internal restructuring of the near €1 billion-turnover business.