Glanbia completes sale of mozzarella JV to partner Leprino Foods
date:May 08, 2023
working capital adjustments. The proceeds of the transaction will be used for general corporate purposes.

Following a transition period post-completion, the Glanbia Cheese business will be renamed Leprino Foods UK Limited and Leprino Foods EU Limited.

In the 2022 financial year, the groups shareholding in Glanbia Cheese represented a gross asset value of 52.8 million and contributed profit before tax of 9.5 million for the group.

Glanbia Cheese has three manufacturing facilities Llangefni i
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