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February 22, 2019

 

Lakeland Dairies is "Brexit-ready", set to become Ireland's second biggest dairy-co-op

 

 

Irish dairy co-op Lakeland Dairies has voiced confidence that it is Brexit-ready but expects much work to be done to maintain trade, Belfast Telegraph reported.

 

The co-op has in place contingency plans that will support the continual export of more than 240 products to 80 predominantly non-EU countries, including China.

 

With 1,500 suppliers, Lakeland Dairies is also set to become one of the biggest processors in the island of Ireland that includes both Northern Ireland and the Republic of Ireland.

 

According the co-op's spokesman, Lakeland Dairies will "retain the capability and flexibility to sell and distribute directly" to all its customers including those around the world.

 

The co-op has also "identified all the relevant tariff categories" that could affect exported products, he added. In addition, the co-op's export logistics team will be able to help meet "requirements for customs declarations and veterinary and phytosanitary standards" through the use of "advanced computerised supply chain management systems."

 

These efforts are furthermore backed by "a range of export management agents" that Lakeland Dairies has engaged. 

 

"[The export logistics team] will require additional certification and documentation and this can be handled predominantly through existing automated processes albeit there will potentially be a considerable volume of extra work required," the spokesman said.

 

In the meantime, the co-op is awaiting the outcome for its planned merger with LacPatrick Dairies, another dairy co-op in Ireland.

 

Due to complete by March 13, the first stage of the investigation by the Competition and Markets Authority will determine if the merger is any way anti-competition.

 

The merger, if approved, would make Lakeland Dairies the second biggest dairy processor on the island of Ireland with 1,500 farmers in Northern Ireland and 1,700 in the Republic of Ireland contributing to a milk pool of 1.8 billion litres.

 

- Belfast Telegraph

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