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Lakeland Dairies company logo
Corporation
FOOD & BEVERAGES | Dairy products
lakeland.ie

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Partners & Customers

2

About Lakeland Dairies

Lakeland Dairies, a dairy processing co-operative, operates within area across the northern half of the island of Ireland. The group processes milk into a range of value added dairy foodservice products and functional dairy food ingredients.

Lakeland Dairies Headquarter Location

Killeshandra

Co. Cavan, H12 V273,

Ireland

+353 049-436-4200

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Latest Lakeland Dairies News

Lakeland Dairies announces membership of new smaller board

Sep 17, 2021

September 17, 2021 4:01 pm Lakeland Dairies has announced the new board of the co-operative, which will take effect on November 1, 2021. The announcement follows from the recent completion of board elections. The elections follow from the decision of members at an Special General Meeting (SGM) last April approving changes to the co-operative’s governance structure. They include a reduction in the number of elected board members of the co-operative, from 22 to 13 members. Merger of Lakeland and LacPatrick The announcement of the new board follows on from the merger of Lakeland Dairies and LacPatrick Dairies in 2019. It was agreed at that time to review the rules of the new merged society once the merger was completed. Electoral areas were subsequently revised to establish a 13-member board (from 22), with an option to also co-opt up to three further directors. The 13-member board has now been established following elections in eight electoral areas, and further elections will also be held in autumn 2022 covering a remaining five electoral areas, completing the adjustment process. Advertisement Niall Matthews (chair); Alex Walker. Niall Matthews, chair of Lakeland Dairies said: “I welcome the establishment of our new board and look forward to working with each member to advance the best interests of the co-operative for all our members and milk producers in the years ahead. “On behalf of the board and members of the co-operative, I thank all retiring board members for their commitment, dedication and service. “Based on our democratic and leadership structures, Lakeland Dairies will continue our strong progress into the future,” he concluded. Milk Price Earlier this week, the board of Lakeland Dairies increased the co-operative’s milk price for August . In the Republic of Ireland, Lakeland Dairies has increased its base milk price for August by 0.5c/L to 36.5c/L, including VAT, for milk at 3.6% fat and 3.3% protein. In Northern Ireland, Lakeland Dairies has increased its milk price for August by 0.3p/L to 29.5p/L.

Lakeland Dairies Acquisitions

2 Acquisitions

Lakeland Dairies acquired 2 companies. Their latest acquisition was LacPatrick Dairies on June 28, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/28/2018

Merger

9

5/3/2016

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$99M

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10

Date

6/28/2018

5/3/2016

Investment Stage

Companies

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Valuation

Total Funding

$99M

Note

Merger

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Sources

9

10

Lakeland Dairies Partners & Customers

2 Partners and customers

Lakeland Dairies has 2 strategic partners and customers. Lakeland Dairies recently partnered with Diamond Crystal Brands on May 5, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

5/21/2019

Partner

Diamond Crystal Brands

United States

Diamond Crystal Brands : Introduces Clean Label Creamers

Diamond Crystal Brands , an industry leader in food , beverage and portion control packaging solutions in foodservice , partnered with Lakeland Dairies in December 2017 to distribute Milk In A Stick in foodservice in the U.S. Based in historic Savannah , GA> , Diamond Crystal Brands is a premier company specializing in right-size packaging , wet and dry-blended products and custom printing .

1

8/6/2015

Partner

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10

Date

5/21/2019

8/6/2015

Type

Partner

Partner

Business Partner

Diamond Crystal Brands

Country

United States

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News Snippet

Diamond Crystal Brands : Introduces Clean Label Creamers

Diamond Crystal Brands , an industry leader in food , beverage and portion control packaging solutions in foodservice , partnered with Lakeland Dairies in December 2017 to distribute Milk In A Stick in foodservice in the U.S. Based in historic Savannah , GA> , Diamond Crystal Brands is a premier company specializing in right-size packaging , wet and dry-blended products and custom printing .

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Sources

1

10

Lakeland Dairies Team

1 Team Member

Lakeland Dairies has 1 team member, including current Chief Executive Officer, Michael Hanley.

Name

Work History

Title

Status

Michael Hanley

Chief Executive Officer

Current

Name

Michael Hanley

Work History

Title

Chief Executive Officer

Status

Current

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