FOR IMMEDIATE RELEASE Glanbia
Nutritionals, Inc.
523
6th Street
Monroe,
WI 53566
Tel:
608-329-2800
December 04, 2002
Contact:
Jerry O’Dea/ Fiona O’Keeffe
in Nutrition Arena
Glanbia Plc announces that it has established a new
business unit to integrate the Group’s current international nutritional
business under one management structure. The new business will be known as
Glanbia Nutritionals and will seek to advance the Group’s position in the
growing global nutritional ingredients market through the development of
existing operations as well as through Strategic Alliances, Joint Venture
agreements and, where appropriate, by acquisition.
Commenting on the announcement, John Moloney, Group
Managing Director, Glanbia plc, said: “The creation of Glanbia Nutritionals is
a vital component of our growth strategy in the nutritional sector. It brings
together under one structure the necessary innovation, sales and marketing and
strategic development resources required to advance our current position in
this sector.”
The new business unit will
have an international network of sales offices and production sites. The
business is headed by Jerry O'Dea, formerly Vice
President of Glanbia Ingredients USA. He is joined by a newly established
executive management team comprising: Andy Fleming, Executive Vice President,
Finance and Strategy; Steve Singer, Vice President, Sales and Customer Service;
Robert Beausire, Director of Business Development; Eric Bastian, Director of
Research and Development.
Glanbia services many
nutritional markets including infant, medical and sports nutrition; functional
foods and nutraceuticals, from manufacturing bases in
the USA and Ireland. The current ingredient range includes whey isolates and
concentrates, milk minerals and lactoferrin under such brands as Provon®,
CFM®, TruCal® and Bioferrin®.
A focused development program is currently underway
to bring additional nutritional solutions to market. In this context, Glanbia
Nutritionals opened a new state-of-the art R&D and applications centre in
Twin Falls, Idaho this month.
For more information, please contact Fiona O’Keeffe, Marketing Manager, Glanbia Nutritionals Inc.