Dairy firm Ornua to grow via acquisition and sales
“There will be further joint ventures and some outright acquisitions where they suit our strategy in the coming years,” said Ornua chief executive Kevin Lane. “Any acquisitions will be companies whose presence will give us a footprint and get us going quickly in a given market.”
Ornua’s strongest markets have traditionally been the UK, USA, Germany, and other EU member states. It is making progress in Africa and the Middle East, and has growth strategies in place for China (where it recently entered into the mass market with recent launch of Kerrygold Whole Milk) and for Russia, once trade relations are restored.
