Lakeland Dairies Group is an Irish dairy
co-operative
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-control ...
based in
County Cavan
County Cavan ( ; gle, Contae an Chabháin) is a Counties of Ireland, county in Republic of Ireland, Ireland. It is in the Provinces of Ireland, province of Ulster and is part of the Border Region. It is named after the town of Cavan and is base ...
,
Ireland
Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...
. It operates across sixteen
counties
A county is a geographic region of a country used for administrative or other purposesChambers Dictionary, L. Brookes (ed.), 2005, Chambers Harrap Publishers Ltd, Edinburgh in certain modern nations. The term is derived from the Old French ...
in both
Ireland
Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...
and
Northern Ireland
Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Nort ...
. Lakeland Dairies processes roughly 1.9 billion litres of milk annually from 3,200 suppliers making it Ireland's largest dairy co-operative, and second largest milk processor after
Glanbia
Glanbia plc ( ) is an Irish global nutrition group with operations in 32 countries. It has leading market positions in sports nutrition, cheese, dairy ingredients, speciality non-dairy ingredients and vitamin and mineral premixes. Glanbia produc ...
. Lakeland Dairies currently has dedicated operations in Ireland, the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
and the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
and exports to 80 countries worldwide.
Acquisitions
*In 2003, Lakeland acquired UK food supplier L.E. Pritchitt & Company for €18.5 million.
*Taste Trends Ltd, one of the UK's largest frozen yoghurt producers, was acquired by Lakeland for an undisclosed sum in 2015.
*Following a series of agribusiness and dairy joint ventures between Lakeland and Fane Valley - a Northern Irish milk co-operative which produced over 250 million litres of milk annually - Lakeland acquired Fane Valley Dairies in early 2016.
*Lakeland and
Monaghan
Monaghan ( ; ) is the county town of County Monaghan, Republic of Ireland, Ireland. It also provides the name of its Civil parishes in Ireland, civil parish and Monaghan (barony), barony.
The population of the town as of the 2016 census was 7 ...
-based LacPatrick Dairies agreed on a merger in 2018 following unanimous approval by both co-operatives' respective boards in May, and shareholders in October. In early 2019 the companies merged, which increased the total number of Lakeland Dairies milk suppliers to 3,200 - with a collective pool of over 1.85 billion litres of milk per annum.
*In August 2020, Lakeland Dairies reported that annual revenue in 2019 had topped €1 billion for the first time.
Lakeland Dairies 2020 Business Review
References
{{Authority control
Dairy products companies of Ireland
Cooperatives in Ireland
Cooperatives in the Republic of Ireland
Dairy cooperatives