Glanbia buys US drinks firm
Glanbia has bought a US-based nutritional drinks company for €50m.
Aseptic Solutions Inc was founded in 2004 and specialises in the manufacture and packing of nutritional and dietary drinks, including vitamin shots, protein shakes and 100pc natural fruit juices.
Based in Corona, California, ASI employs 175 people and uses technology to manufacture better tasting and longer lasting liquid foods.
The acquisition by Glanbia's Nutritional Ingredient Technologies arm will help the company to enhance its presence in the nutritional foods market.
June milk take falls by 1.9pc
Domestic milk intake by creameries in June this year was 1.9pc or 13.5m litres below the same month last year, according to the latest CSO statistics.
Bad weather and poor grazing conditions were the driving factors behind the fall in milk supplies.
However, milk supplies for the year to date are still running 0.6pc higher than the equivalent period last year.