By Lucas Sjostrom
The Irish are now part Chinese, as their collective exporting unit, Ornua, bought its first manufacturer based in the Asian giant.
Abrosia Dairy makes high-end sour cream, yogurt and specialty cheeses in the Shanghai region. Ornua, formerly known as the Irish Dairy Board, is a collection of cooperatives and private businesses that work to export Irish dairy products. The company acquired companies in Africa, Germany, Ireland, Saudi Arabia, Spain, the UK and the US in the past 1.5 years.
Until December 2015, Ornua owned DPI Specialty Foods, the second-largest specialty foods distributor in the U.S. That company held 1,800 employees and $1 billion in annual revenues at the time of sale on December 14, 2015. The Ontario, Calif., business sold to Anchor Investments, although Ornua held a minority stake.
Read more at www.DairyHerd.com.