Glanbia’s two parent entities, the PLC in control of its US-centred global nutrition business and the farmer co-op with 11,000 members across the eastern half of Ireland, confirmed on Friday that Glanbia Co-op had acquired the 40 per cent stake of Glanbia Ireland still in the hands of the PLC. The transaction follows approval by the Competition and Consumer Protection Commission on Monday. Glanbia Ireland covers all domestic activities, from purchasing the largest volumes of milk and grain in the country to processing and selling agricultural inputs and consumer products under well-known brands like Avonmore and Kilmeaden. With €2 billion…

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