Summary
DAIRY Crest is in "advanced negotiations" to offload 50 per cent of its shares in Wexford Creamery to Wexford Milk Producers and repay Pounds 9 million in bank debt.
It said the move - which will see the RoI milk producer become a majority shareholder in the creamery - will also enable it to focus more on key brands, including Cornish-made Davidstow and Cathedral City cheddars.See the full content of this document
Extract
Dairy Crest to Sell Stake in Creamery
Dairy Crest will retain ...
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