‘Consolidation of dairy processing inevitable, but not for 18 months’
Lakeland Dairies CEO Colin Kelly with the Minister for Agriculture Charlie McConalogue and Lakeland Chairperson Niall Matthews at a recent meeting in the co-op.
Consolidation of dairy processing in Ireland is "inevitable, but it won't happen in the next 18 months, according to the CEO of Lakeland Dairies Colin Kelly.
"I don't think it will happen in 2024 or 2025. Until the Derogation piece becomes clear, I don't think anything will happen. It's inevitable there will be consolidation (after that). There has been nothing but consolidation every decade if you look back. That will be sped up if you have less milk and less natural efficiencies everyone will be looking for synergies.
