Glanbia has confirmed it is raising the price of its Avonmore milk range to sales agents by three euro cents per litre from 5 February in response to increased raw materials costs.

A spokesperson for the Irish dairy group told just-food today: “Increases in the sell-in prices for the Avonmore branded milk range have also been implemented in the retail sector – but it is important to note that the price to the consumer is set by the retailer, not Glanbia.”

Glanbia declined to give details about the price increases or say whether the company also produced own label milk products and whether price increase might also be involved there.

The company’s Irish dairy business is one of the smaller part of the group’s portfolio by sales. Glanbia’s business also takes in dairy ingredients and sports nutrition products.

Glanbia said last April it was looking to make more acquisitions, after the company’s acquisition in 2015 of US protein bar maker ThinkThin. Glanbia said the deal would also give it “a great platform” to enter the “better for you” snack category.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.