The EIB has agreed to provide a EUR 35 million loan to enable expansion and diversification of the Ireland based facilities of Carbery Group, a leading international dairy, ingredients and flavours business. Carbery is 100% owned by four Irish dairy cooperatives. The first ever EIB financing for Carbery Group will support construction of a new EUR 78 million manufacturing plant at Ballineen, that will enable the company to diversify its range of cheeses and produce mozzarella for export to a range of international markets.

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