Glanbia Co-operative Society and Glanbia Ireland have changed their name to Tirlán. The new identity is to reflect the cooperative’s acquisition of the remaining 40% stake in Glanbia Ireland from Glanbia plc, making it the sole owner of the company. Glanbia plc will retain the Glanbia name and continue to operate as a separate company, while Tirlán will remain the largest shareholder in Glanbia plc with a 31.9% stake. The Glanbia Co-operative Society will also operate under Tirlán from now on.
According to the co-operative, the new name stands for “land of plenty” and was inspired by the Irish words for land (tír) and full (lán). The renaming is intended to highlight “the deep connection and relationship between the cooperative, its employees and the land”, the cooperative added.
Tirlán is farmer-owned and expects a turnover of €3 billion this year. The company includes 11 state-of-the-art processing plants, 52 agricultural branches and over 2 100 employees. Tirlán is the country’s largest buyer and user of Irish grain, processing more than 270 000 tonnes, including a portfolio of premium grains.
The cooperative’s shareholders will vote on the name change in the coming weeks.
