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Dairygold set to raise money for new acquisitions to boost health business

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Dairygold is looking to diversify into ingredients for baby formula and the adult nutrition market. Photo: Gabriel Cassan

Dairygold is looking to diversify into ingredients for baby formula and the adult nutrition market. Photo: Gabriel Cassan

Dairygold is looking to diversify into ingredients for baby formula and the adult nutrition market. Photo: Gabriel Cassan

DAIRYGOLD Co-operative Society is preparing to sell financial and property assets to raise €75m to make acquisitions to bolster its new health and nutrition business, the Irish Independent has learned.

Chief executive Jim Woulfe told the Irish Independent that the co-op was planning to liquidate €26m in financial investments and was acquiring planning permission on its remaining property portfolio to enhance its sale value.


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