First Milk, Britain's largest farmer-owned dairy business, and leading Irish farmers' co-operative Dairygold have announced a joint venture partnership. First Milk and Dairygold have become partners in Aeron Valley Cheese.
John Duncan, First Milk chairman, said: "This exciting joint venture partnership will drive forward the expansion of the Aeron Valley business.
"We believe we have found the ideal partner. First Milk and Dairygold are like-minded, farmer-owned businesses with shared objectives."
Denis Lucey, chief executive of Dairygold, commented: "We are committed to expanding our cheese production presence in Great Britain and, with First Milk, we look forward to building a first class, farmer-owned cheese business in West Wales."
The partnership between First Milk and Dairygold will create an expanded business, with shared interests in cheese manufacture and marketing. It opens up major new opportunities, including further development of the Aeron Valley brand, said Lucey.
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