Foundation stone for Irish dairy

The old Dairy Disposal Company was initially a kind of Nama for the dairy industry in Munster, according to a new book.

Irish Agriculture Nationalised — the Dairy Disposal Company and the making of the modern Irish dairy industry by Dr Mícheál Ó Fathartaigh tells the story of what was one of the first Irish state-sponsored bodies.

It was established in 1927 to acquire private creameries and other agri-businesses (which were failing on a widespread basis) and transfer them to co-operative societies.