IT HAS taken Glanbia a number of years to redefine itself as a group focused mainly on the dairy sector, involving a range of consumer foods including pig meat, dairy products and food ingredients with an ever increasing emphasis on nutritionals.

Dublin's stock exchange saw its share prices fall 35.97 points to 6,053.02 today as the business community was dealing with the the Irish Financial Services Regulatory Authority's criticism of Allied Irish Bank's overcharging controversy.

Glanbia today announced the acquisition of the German-based food ingredients company, Kortus Food Ingredients Services, for €14.5m.