Co TYRONE meat giant Dunbia has agreed a new partnership with Irish firm Dawn Meats to establish a joint operation in the UK.
The new collaboration will be comprised of the UK businesses of both organisations, with Dawn separately acquiring Dunbia's operations in the Republic.
The combined UK businesses will trade as Dunbia and will deliver enhanced scale and market presence to better serve existing farmer suppliers and customers of both organisations across the retail, manufacturing, wholesale and food service sectors.
Dunbia’s CEO Jim Dobson will be chief executive of the new joint venture, and Dawn Meats’ CEO Niall Browne, will be executive chairman.
Mr Dobson said the partnership made "strategic sense" for both companies.
The joint enterprise will be run from Dunbia’s existing headquarters in Dungannon, but the deal remains subject to approval by the relevant competition authorities.
One of Northern Ireland's largest companies, Dunbia is a leading processor of beef and lamb with nine sites located across the UK and Ireland, employing around 4,000 people.
