OMSCo announces price increase and new European alliance

“This will improve our ability to balance efficiently, enhance our flexibility to meet customer needs and provide more milk and processing in Europe.”

He added the cooperative was aiming to have 30 per cent of revenue from export markets.

And with a foothold in the EU, US, Far East and UK markets, Mr Saphir said he was confident for he future.

“Cooperation and collaboration is key to future proofing businesses, as well as choosing partners with shared values and visions. We are excited about the future and taking advantage of global market opportunities.

Success

“Having a motivated and fairly rewarded membership will also be critical to our future success,” he said.

“Increasing our milk supplies is a priority as we continue to decouple organic milk from the conventional milk price by developing added value markets outside of the UK and Europe.”