BEDFORD, NS and LONGUEUIL, QC, March 13, 2013 /CNW Telbec/ - Farmers
Co-operative Dairy and Agropur Cooperative are very proud to announce
that they have reached a major milestone in the February agreement to
merge the two dairy cooperatives.
During a special meeting held yesterday in Boucherville, the members of
Agropur unanimously approved the necessary modifications to the by-laws
and statutes for the agreement to be finalized. At the same time,
members of Farmers Co-operative Dairy, at a special meeting, approved
the merger with a vote of 97% in favour.
The merger can be completed once approvals are received from the
appropriate authorities. Over the next few weeks, business teams from
the two cooperatives will start work on determining how to merge their
operations in order to leverage their respective strengths.
About Farmers Dairy
Farmers Dairy has been operating in Atlantic Canada for more than 90
years. Owned by 116 member dairy producers and posting annual sales of
$176 million, the mission of Farmers Dairy is to provide the population
of Atlantic Canada with top-quality, locally produced dairy products.
Farmers Dairy is currently the number 1 brand in Nova Scotia, and its
customers in Newfoundland and Labrador have embraced its Central
Dairies brand for 50 years ("It's the milk we're made of"). For more
information, visit the organization's website: www.farmersdairy.ca.
Founded in 1938, Agropur is an important player in the North American
dairy industry. With sales in excess of $3.6 billion, the Cooperative
is a source of pride for its 3,288 member dairy producers. Agropur
processes more than 3.2 billion liters of milk per year in its 25
plants across Canada and the United States. For more information,
please visit the website: www.agropur.com.
For further information:
Information - Farmers Dairy
Marketing and Communications Manager
Telephone: 902-835-4005, extension 4064
Information- Agropur Cooperative
Public Relations and Communications Director
Telephone: 450-928-5454, extension 4560