PEI

Dairy farmers approve P.E.I.-N.B. business deal

Dairy farmers who supply milk to Summerside's Amalgamated Dairies Limited voted in favour of a new business deal with New Brunswick's Dairytown on Friday.

P.E.I. dairy will remain independent

Island dairy farmers who supply milk to Summerside's Amalgamated Dairies Limited voted in favour of a new business deal with New Brunswick's Dairytown on Friday.

The co-op is owned by 192 P.E.I. farmers while Sussex's Dairytown has close to 200 members.

Four years ago, the two dairies started collaborating with a cheese making by-product. ADL sends whey to Dairytown where it's turned it into powdered whey protein. Then both businesses share the profits.

Amalgamated Dairies' CEO Jim Bradley said the new agreement is not a merger and the P.E.I. dairy will remain an independent, producer-owned cooperative.

He said the two dairies will combine resources and assets and share profits at the end of each year.

Bradley said both dairies will maintain their own brands.

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