Glanbia plc operates as an international dairy, consumer foods and nutritional products company. The company has operations in Ireland, Europe, Canada, China, the United States of America and Nigeria. Divisions The company operates in three divisions: Consumer Foods Division; Agribusiness & Property Division; and Food Ingredients & Nutritionals Division. Consumer Foods Division Consumer Foods incorporates nutritional beverages, fresh dairy products and cheese, and soups and spreads. Its household brands include Avonmore, Premier, Yoplait, Kilmeaden, Snowcream, Petits Filous, and CMP. The company offers Guideline Daily Amounts (GDA). Agribusiness & Property Division The company engages primarily in feed milling, grain processing and marketing, and the retailing of a range of farm inputs, to the farmer supply base. Property is responsible for the management of all its surplus properties in Ireland. Its portfolio also includes CountryLife. The company offers animal feeds, fertilisers, seed grain, chemicals and veterinary product. Food Ingredients & Nutritionals Division Food Ingredients processes 3.4 billion litres of milk and produces cheese, butter, casein and protein ingredients at facilities in Ireland and the United States. The Group’s Nutritionals business produces a range of speciality whey proteins, customised premix solutions and nutritional ingredients for use by food and beverage companies. The Nutritionals business unit supplies technology whey proteins and fractions, flax and customised micro-nutrients, vitamin and mineral premixes. It comprises three separate businesses – Ingredient Technologies (business to business ingredient developer and distributor); Customised Solutions (business to business premix solutions provider) and Optimum (business to consumer, manufacturer and marketer of nutritional supplements) – serving the health and wellness, functional foods, sports nutrition, infant and clinical nutrition sectors. Food Ingredients USA processed 2.0 billion litres of milk into 205,000 tonnes of cheese and 50,000 tonnes of whey-based ingredients from facilities located in Idaho. The company owns Optimum Nutrition, Inc., a manufacturer of nutritional supplements for the sports sector nutrition sector, in particular the use of whey protein as a functional supplement. Joint Ventures The company has three key international joint ventures. The company has a 51% interest in Glanbia Cheese, which is a joint venture with Leprino Foods, USA. The business produces mozzarella cheese for the European pizza market in shredded, ribbon and string formats and supplies mozzarella cheese to the foodservice and retail pizza sector. Glanbia Cheese is based in the United Kingdom and produces pizza cheese for the United Kingdom and European markets. Southwest Cheese is the company’s joint venture with The Greater Southwest Agency. Nutricima is a 50:50 joint venture with PZ Cussons plc in Nigeria. This business has developed a branded product portfolio to serve all market segments, including liquid, condensed and powdered milk-based products. Nutricima is based in Nigeria and the company manufactures and markets branded dairy-based consumer products for the Nigerian and African market. Dispositions In 2008, the company sold its Pigmeat business.
glanbia plc (GLB:London Stock Exchange)
Phone: 353 56 777 2200
Fax: 353 56 777 2222www.glanbia.com
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