Growth is the key to Lane's plans for IDB
A comprehensive assessment of all the Irish Dairy Board's (IDB) operations is under way, and the results of this evaluation will determine future investment decisions by the marketing body.
The assessment process began in mid-January and is to be completed by September.
Kevin Lane, who was recently appointed IDB chief executive, insisted that a "growth agenda" was central to the company's future.
He said the overall evaluation of the company's operations was a key element of this strategy as its findings would help identify investment opportunities.
"We have asked management at every subsidiary we own to look critically at their business at every level -- to identify their strengths and weaknesses and to predict where they see the business in three years' time," Mr Lane said.
The former Kerry Group executive, who hails from Brosna in north Kerry, said a targeted growth strategy was being put in place.
"We will focus on the sectors that can grow fastest and prioritise time and future investments accordingly," he said.
Acquisitions would also be on the agenda if the operations identified fit into the company's overall plans, he added.