Arrabawn/Dairygold merger

kevthegaff

Lads i know its only rumours. I know alot of lads p""ssed off over Arrabawn price/credit. Would ye think it would benefit suppliers for Arrabawn?

Mulumpy

Can't see a full merger happening but would be great if they had some agreement in place to stop lads jumping ship hastily. Arrabawn has made strides in recent years to improve things despite not having the same resources as the big players.

mahoney_j

Can't see it happening andvits something I'd be pushing for.next weeks Agm will be interesting.lots of upheaval at board level and browned off suppliers signaling interest to join Glanbia,dairygold etc.obe of the 3 board members who left was shoving the dairygold merger and was getting nowhere.i can see some of the big coops sitting tight for a few years,let Arrabawn spend the 22 million upgrading the plant and at the same time loose a lot if suppliers,could end up getting a modern plant for small money.

jt65

mahoney_j wrote: »

Can't see it happening andvits something I'd be pushing for.next weeks Agm will be interesting.lots of upheaval at board level and browned off suppliers signaling interest to join Glanbia,dairygold etc.obe of the 3 board members who left was shoving the dairygold merger and was getting nowhere.i can see some of the big coops sitting tight for a few years,let Arrabawn spend the 22 million upgrading the plant and at the same time loose a lot if suppliers,could end up getting a modern plant for small money.

true , but at least the plant would be a viable asset

how much have they spent on white elephants over the last 10 to 15 years ??

TBH I cant see a merger in the near future, they (Arra) have already lost a lot of their top suppliers & will continue to do so

Tommy Ryan

the journal last week and tipp fm, does anyone know what going on in Arrabawn with talk of merger...

kevthegaff

C ryan said its not happening from what I hear, secondly alot of the guys giving out are getting all they're s/l money back! I di agree about the credit tho

Brown Podzol

All welcome, once ye are willing to pay into revolving fund and shareup. Will cost 1 cent a litre and is not tax deductible.:D

Bellview

As a neutral observer thus is an interesting development as I would expect more of these type conversations rumours over the next few years with the quota gone. The big call for the farmers here will be what will dairy gold offer v an agreement with an other co op. Dairy gold has struggled over the last 30 years or more from poor mgt and if they had been run more commercially they should be larger than kerry or glanbia and could then offer their farmers a better return On their investment. Parra wen suppliers need to ensure they look beyond last years milk price whee making a final decision and ensure that egos of a few will not drive the wrong decision. As the boss man has stated a few time be careful what you wish for as it may come true and you may regret it

mahoney_j

kevthegaff wrote: »

C ryan said its not happening from what I hear, secondly alot of the guys giving out are getting all they're s/l money back! I di agree about the credit tho

It's a very real possibility lads,lot of lads getting money back from last year alright but some still with hefty fines.things will be a lot worse this year.i for one am in favour of a merger with dairygold.could work very well for both sides.arrabawns current pricing has a lot to do with this as well I think to try and quiten some of the boys well over last year that were TALKING of leaving.when push comes to shove some of the big lads proably will go but can't see a mass exodus.

einn32

I thought a merger involved two companies of the same size? Or are they similar size? I've no idea what it would mean for fellas on the ground.I presume not much would change fr a DG supplier.

ganmo

Would they merge with some of the other tipp coops? or is dairygold the only option?

have2flushtwice

will this have any impact on glanbia?

Tommy Ryan

i hear that Glanbia have there own problems in Barryvale, anyway not a co-op, what would it want with feed and stores when they put their agri into the plc, good buzz on the ground

frazzledhome

Tommy Ryan wrote: »

i hear that Glanbia have there own problems in Barryvale, anyway not a co-op, what would it want with feed and stores when they put their agri into the plc, good buzz on the ground

And with any luck the stores will be left there

Tommy Ryan

frazzledhome wrote: »

And with any luck the stores will be left there

Not much merger news flowing on boards.ie. All sitting on our hands in wait to see,

Mulumpy

With any luck it'll stay that way

mahoney_j

dairygold offer was on table but was a pretty insulting offer,I hope something can be worked out beteween both maby not a full merger but a good working agreement.Arrabawn making great strides at moment but ultimately i think we will need some sort of an arrangement with dg or the likes of thurles/tipp/aurivo

Farmer Ed

Just knocked across this thread again. Boy but a year is a long time in farming. I wouldn't be surprised if there are farmers in tipperary being treated for shock. Anyway looking at it now they had nothing to worry about, it would appear to all have been just a wet dream to begin with.

mahoney_j

As one who would of been critical of c Ryan and board through the years and through last years debacle I now have no issue saying what a transformation has taken place over the last year .really strong milk price considering the markets ,good product mix ,strong accounts and beating Glanbia for a liquid contract was a praticular coup .work still to be done on store and feed side but credit where credits due .

orm0nd

mahoney_j wrote: »

As one who would of been critical of c Ryan and board through the years and through last years debacle I now have no issue saying what a transformation has taken place over the last year .really strong milk price considering the markets ,good product mix ,strong accounts and beating Glanbia for a liquid contract was a praticular coup .work still to be done on store and feed side but credit where credits due .

admit I have to agree re perf. over last 10 months, however I think from now to this back end will be the true test ,

it's a pity they can't get the feed end of it sorted, eventhough I swore a few years back I'd never let a doc lorry inside the gate again, made an effort to buy some bulk off them this year, they just wern;t competitive

alps

Very interesting few weeks coming up as the annual accounts begin to make an appearance.

Will we get to see just how much the coops have "supported the price of milk"?

Will "supporting the price of milk" be a cover for funds dissappearing elsewhere?

Will the whole of the debt appear in yhe accounts, and I'd particularly refer to debt relating to product in stores?

Shrewd operators on here, and I'm really looking forward to analysis....

blue5000

mahoney_j wrote: »

As one who would of been critical of c Ryan and board through the years and through last years debacle I now have no issue saying what a transformation has taken place over the last year .really strong milk price considering the markets ,good product mix ,strong accounts and beating Glanbia for a liquid contract was a praticular coup .work still to be done on store and feed side but credit where credits due .

I said it before on here, but I think things would look a lot different if some ppl hadn't jumped ship this time last year. Co-op suppliers vs plc suppliers have a lot to be thankful for in a year like this when margins are tight.

Farmer Ed

blue5000 wrote: »

I said it before on here, but I think things would look a lot different if some ppl hadn't jumped ship this time last year. Co-op suppliers vs plc suppliers have a lot to be thankful for in a year like this when margins are tight.

Probably what must surely be the worst of both worlds is the Co Op taking all the risks and costs involved in processing the milk and still being at the mercy of the PLC to pay what ever it sees fit for the product, Effectively the PLC has managed to out source the processing of the milk to the poor fools of farmers who have to take all the risk. What a stroke of genius on their part. No wonder they have ever increasing profits.

mahoney_j

blue5000 wrote: »

I said it before on here, but I think things would look a lot different if some ppl hadn't jumped ship this time last year. Co-op suppliers vs plc suppliers have a lot to be thankful for in a year like this when margins are tight.

100% agree ,we owe all them lads that left and considered leaving a lot .they asked unwanted questions pushed agendas and put rockets under management and board .pity some ain't still with us to reap benefits

alps

mahoney_j wrote: »

100% agree ,we owe all them lads that left and considered leaving a lot .they asked unwanted questions pushed agendas and put rockets under management and board .pity some ain't still with us to reap benefits

+1
It emphasis the importance for all farmers, that at least some can move. It is the only bargaining chip left in the hands of farmers in keeping pressure on processors.

Farmer Ed

alps wrote: »

+1
It emphasis the importance for all farmers, that at least some can move. It is the only bargaining chip left in the hands of farmers in keeping pressure on processors.

Couldn't agree more. But why then are our farm organisations so in favour of tying farmers down with contracts?

blue5000

Farmer Ed wrote: »

Couldn't agree more. But why then are our farm organisations so in favour of tying farmers down with contracts?

Less hassle, anything for a quiet life. Look at the shenanigans that's going on in DG over shares belonging to ex-members.

mahoney_j

https://www.agriland.ie/farming-news/investment-in-new-technology-drives-arrabawns-2015-results

mahoney_j

C Ryan Arrabawn ceo on tipp fm now discussing 2015 accounts

Farmer Ed

mahoney_j wrote: »

C Ryan Arrabawn ceo on tipp fm now discussing 2015 accounts

Jim Woulfe is just boasting about all the money he has spent and how he's supporting milk price. He doesn't seem like a man in a hurry to discuss accounts.

freedominacup

mahoney_j wrote: »

https://www.agriland.ie/farming-news/investment-in-new-technology-drives-arrabawns-2015-results

Do we see one of those whatyoucallit mergers in the pipeline. You know the ones the yanks are getting their panties up in a bunch about. The Pfizer/allergen one. Could you imagine the sh1t attack in cork if dairygolds hq was in nenagh.😀😀😀😀😀😀😇😀😨

Inversion is the word.

blue5000

freedominacup wrote: »

Do we see one of those whatyoucallit mergers in the pipeline. You know the ones the yanks are getting their panties up in a bunch about. The Pfizer/allergen one. Could you imagine the sh1t attack in cork if dairygolds hq was in nenagh.😀😀😀😀😀😀😇😀😨

Inversion is the word.

Or Galway??:D

wats the craic

mahoney_j wrote: »

https://www.agriland.ie/farming-news/investment-in-new-technology-drives-arrabawns-2015-results

so when are ye going to take over dairygold

kevthegaff

mahoney_j wrote: »

https://www.agriland.ie/farming-news/investment-in-new-technology-drives-arrabawns-2015-results

profits not that impressive as I said before tho majority of money going to farmers pockets like a co op should act

Farmer Ed

wats the craic wrote: »

so when are ye going to take over dairygold

Just wondering what the atainlessteal in mallow could be worth in scrap value?