A meeting with Aurivo shareholders will be taking place in Co. Roscommon tonight over a potential merger between the co-op and Dale Farm Foods.
The proposal, under which Aurivo would hold a minority interest would mean the relocation of Aurivo headquarters in Sligo to Belfast.
Aurivo specialises in the production of liquid milk, powders and butter and has a state-of-the-art production factory in Ballaghaderreen.
Talks will continue tonight at a meeting which will be taking place in the Abbey Hotel at 8pm.
Irish Farmers Journal Dairy Editor, Aidan Brennan says both parties feel there is benefit to the proposal: