"The CMP brands will further strengthen Glanbia's consumer foods' customer offering as one of Ireland's leading suppliers of chilled foods and beverages to the retail and food service sectors. Likewise the contract manufacturing agreement is consistent with our strategy of developing further industry alliances and co-operation to achieve mutual efficiencies. Glanbia has a long track record of co-operation with other processors, including Dairygold, and we view this mechanism as a sensible way forward for the industry," Moloney added.