With disappointing performance since the stock market launch of One51, Irish shareholders look set to be offered a deal to exit.

The Irish Farmers Journal understands Irish shareholders in IPL Plastics, formerly One51 may be bought out under proposals to take the company private in the coming months. Irish shareholders, which include co-ops such as Dairygold, Glanbia, Kerry and Lakeland along with Larry Goodman, own around 45% of the Toronto-listed company.