ICOS welcomes Lakeland-Fane tie-in

Two joint ventures announced last week by Lakeland and Fane Valley co-operatives have been welcomed by the Irish Co-operative Organisation Society (ICOS), the country’s national umbrella body for agricultural co-ops.

The dairy processing and agri-business joint ventures will have projected annual revenues of €845m.

Fane Valley is based in Banbridge, Co Down, and Lakeland Dairies, has its group head office in Killeshandra, Co Cavan.