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GRANDMET TO SELL IRISH DAIRY INTERESTS

 GRANDMET TO SELL IRISH DAIRY INTERESTS
 NEW YORK, Jan. 15 /PRNewswire/ -- Grand Metropolitan PLC today


announced that an agreement in principle has been reached for Waterford Foods plc to acquire the business and assets of the Express Group in the Republic of Ireland and Northern Ireland except for its 80 percent interest in Carbery Milk Products Limited, which is to be acquired by Carbery Creameries Limited.
 Grand Metropolitan PLC, one of the largest international companies in the United Kingdom and a world leader in drinks, retailing and food, has sales of more than $15 billion. US subsidiaries include ALPO Petfoods, Burger King, Carillon Importers, Haagen-Dazs, Heublein, The Paddington Corporation, Pearle, Inc., Pillsbury, and GrandMet Foodservice USA.
 A further announcement will be made in due course.
 -0- 1/15/92
 /CONTACT: Mary Carroll of GrandMet, 212-554-9200/ CO: Grand Metropolitan PLC ST: Minnesota IN: FOD SU:


AL -- MN013 -- 0182 01/15/92 16:31 EST
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Publication:PR Newswire
Date:Jan 15, 1992
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