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Ground-breaking Artificial Intelligence platform secures backing from Yorkshire AI Labs

    Ground-breaking Artificial Intelligence platform secures backing from Yorkshire AI Labs

IntelliAM, a new Artificial Intelligence platform to help global food and beverage companies cut downtime and boost productivity, has completed an initial fundraising with venture capital funding and tech know-how

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UK food manufacturers missing out on R&D tax relief

    UK food manufacturers missing out on R&D tax relief

With the UK’s love of food and drink, it is no surprise that exciting innovations are always happening in the industry, with food and beverage businesses constantly researching, developing and

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Tirlán increases revenue by 36% to €3 billion in first year of operation

    Tirlán increases revenue by 36% to €3 billion in first year of operation

Tirlán (formerly Glanbia Ireland and Glanbia Co-op), Ireland’s largest farmer-owned food and nutrition business, has announced its first Annual Report and Accounts for 2022 showing a revenue rise of 36%

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Carbery Group sees revenue growth of 31% to over €700 million as profits rise 4% to €52.1 million

    Carbery Group sees revenue growth of 31% to over €700 million as profits rise 4% to €52.1 million

Carbery Group, the international ingredients, flavours, and award-winning cheese producer, has reported a positive financial performance for the year ended 31 December 2022. Group turnover increased by 31% to €700.8

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Ornua delivers record turnover of €3.4 billion as Kerrygold celebrates 60 years of global success

    Ornua delivers record turnover of €3.4 billion as Kerrygold celebrates 60 years of global success

Ornua, Ireland’s largest exporter of Irish dairy products, has published its operating and financial results for the 12 months ending 31 December 2022 with group turnover rising by 36.7% to

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Guinness is world’s most valuable Irish brand

    Guinness is world’s most valuable Irish brand

Guinness (brand value up 26% to €2.4 billion) has retained its position as the world’s most valuable Irish brand, according to a new report from leading brand valuation consultancy, Brand

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Scotch Whisky hit with ‘historic blow’ after tax increase

    Scotch Whisky hit with ‘historic blow’ after tax increase

The Scotch Whisky Association (SWA) has slammed the recent decision by the Chancellor to raise duty on Scotch Whisky by 10.1%, in one of the largest tax hikes in recent

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UK Food and Beverage Sector M&As drop by 29%

    UK Food and Beverage Sector M&As drop by 29%

The latest UK Food and Beverage Sector M&A report from corporate finance house, Oghma Partners, shows that UK Food and Beverage M&A market activity in T2 2022 (May–August) saw a

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Irish Government opens second call under €100 million Brexit response scheme for Agri-Food Sector

    Irish Government opens second call under €100 million Brexit response scheme for Agri-Food Sector

The Irish Government has launched the second call for applications under its €100 million Scheme for the agri-food sector. The Scheme, introduced by Government at the end of 2020, has

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Food and drink industry accounts for 6% of UK administrations in 2022

    Food and drink industry accounts for 6% of UK administrations in 2022

The food and drink industry accounted for 6% of administrations in the first six months of the year – the sixth highest sector in the UK – according to analysis

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More jobs and lower emissions as Scottish distillery expands

    More jobs and lower emissions as Scottish distillery expands

A project by a rural Highland distillery to reduce its carbon footprint while increasing productivity and creating jobs has secured up to £250,000 investment from Highlands and Islands Enterprise (HIE).

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Carbery Group reports a positive performance for 2021

    Carbery Group reports a positive performance for 2021

Carbery Group, the Ireland-based international ingredients, flavours, and award-winning cheese producer, has reported a positive financial performance for the year ended 31 December 2021. Group turnover increased by 17% to

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KKR to Acquire Majority Stake in Refresco

    KKR to Acquire Majority Stake in Refresco

KKR, a leading global investment firm, has agreed to acquire a majority stake in Refresco, one of the largest independent beverage contract manufacturers in the world. Refresco’s existing investors, PAI

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Over 1,100 food and drink acquisitions in 2021

    Over 1,100 food and drink acquisitions in 2021

2021 was another record year for food and drink industry transactions, with 1,116 registered on the Zenith Global mergers and acquisitions database, an average of 21 each week. The total

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Nestlé reduces stake in L’Oréal to 20.1%, initiates new SFr20 billion share buyback program

    Nestlé reduces stake in L’Oréal to 20.1%, initiates new SFr20 billion share buyback program

Nestlé has agreed to sell 22.26 million of L’Oréal shares to L’Oréal for a total consideration of EUR8.9 billion (SFr9.3 billion). L’Oréal will cancel the repurchased shares. Following the transaction, Nestlé will

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Food Tech company announces record-breaking £42 million Series C funding

    Food Tech company announces record-breaking £42 million Series C funding

Future Farm, Latin America’s first food-tech brand to develop and produce plant-based meat, has secured £42 million ($58 million USD) in a Series C investment co-led by Rage Capital. After

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ARYZTA Changes Listing Arrangements

    ARYZTA Changes Listing Arrangements

After careful review, the Board of ARYZTA, the global food business with a leadership position in speciality bakery, has made the decision to cancel group’s secondary listing on Euronext Dublin.

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Torben Dahl Nyholm Appointed as Arla Foods CFO

    Torben Dahl Nyholm Appointed as Arla Foods CFO

Arla Foods has appointed Torben Dahl Nyholm as its Chief Financial Officer, with immediate effect, in a move that underlines the strength of the company’s bench of senior talent and

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JDE Peet’s Raises €2.25 Billion in IPO

    JDE Peet’s Raises €2.25 Billion in IPO

JDE Peet’s, the world’s largest pure-play coffee and tea group, has raised €2.25 billion from its listing on Euronext Amsterdam, making it Europe’s largest IPO since 2018. JDE Peet’s was

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Greencore Responds Rapidly to Challenges of COVID-19

    Greencore Responds Rapidly to Challenges of COVID-19

Greencore Group, one of the UK’s leading manufacturers of convenience food, has reported a 1.6% increase in revenue to £712.7 million for the 26 weeks ending 27 March 2020 with

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Packaging manufacturer Frugalpac secures £2m investment

    Packaging manufacturer Frugalpac secures £2m investment

UK-based sustainable packaging firm Frugalpac has secured additional funding of £2m as it prepares for the next stage of development. The company’s directors agreed to the investment at the Annual

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Esterform Packaging boosts delivery for beverage and food industry with £26m funding package from Shawbrook Bank

    Esterform Packaging boosts delivery for beverage and food industry with £26m funding package from Shawbrook Bank

Shawbrook Bank has provided a £26m multi-facility funding solution that enables Esterform Packaging Limited (EPL) – a leading supplier of PET preforms and containers for the beverage, food and household

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Drinks Ireland releases seven-point plan to safeguard sector

  Drinks Ireland releases seven-point plan to safeguard sector

The Covid-19 pandemic has severely impacted Ireland’s drinks industry, with the closure of the on-trade and restrictions in supply to

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Arden Fine Foods acquired in MBO

  Arden Fine Foods acquired in MBO

Arden Fine Foods, a leading sourcer and supplier of biscuits and bakery products, has been acquired by its management team,

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UK food and drink sector bucks trend as pandemic sees international trade fall in Q1

  UK food and drink sector bucks trend as pandemic sees international trade fall in Q1

Food and drink businesses defied an overall drop in UK exports during the first quarter of 2020 as supply chain

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Laird Superfood Completes $10 Million Growth Investment by Danone Manifesto Ventures

  Laird Superfood Completes $10 Million Growth Investment by Danone Manifesto Ventures

Laird Superfood has announced closing a $10 million financing round, funded entirely by Danone Manifesto Ventures (DMV) to support its growth initiatives. Since its launch

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YFood Secures €15 Million Investment

  YFood Secures €15 Million Investment

YFood, a Munich-based start-up company offering complete food solutions in the form of drinks, bars and powder, has secured a

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Carbery Group reveals 2019 results with turnover of €434 million

  Carbery Group reveals 2019 results with turnover of €434 million

Carbery Group, the West Cork based international ingredients and cheese company, has reported a solid financial performance for the year

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Coca-Cola sees slide in Revenues amid coronavirus pandemic

  Coca-Cola sees slide in Revenues amid coronavirus pandemic

The Coca-Cola Company yesterday reported first-quarter 2020 results and provided insight into how the company is navigating through the ongoing

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Glanbia reports a good Q1 with revenues up 17.0%

  Glanbia reports a good Q1 with revenues up 17.0%

Glanbia reported a raise of 17.0% in revenues in Q1 2020 versus prior year due to good demand across both

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Premier Foods Transforms its Pensions Schemes

  Premier Foods Transforms its Pensions Schemes

Premier Foods has concluded its strategic review, which was announced on 27 February 2019, and announced a transformational agreement with

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Glanbia drops March milk price

  Glanbia drops March milk price

Glanbia Ireland will pay a base milk price for March of 29 cpl (including VAT) for creamery milk at 3.6%

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Bord Bia unveils support measures for food, drink and horticulture businesses

  Bord Bia unveils support measures for food, drink and horticulture businesses

Bord Bia unveils support measures for food, drink and horticulture businesses affected by COVID-19 as part of the Government Supports for

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C&C Group Strengthens Capital Structure With €140 Million US Private Placement

  C&C Group Strengthens Capital Structure With €140 Million US Private Placement

C&C Group, a leading, vertically integrated premium drinks company which manufactures, markets and distributes branded beer, cider, wine, spirits and

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Bakkavor Group Completes Refinancing

  Bakkavor Group Completes Refinancing

Bakkavor Group, a leading provider of fresh prepared food in the UK, has successfully concluded a planned refinancing of its

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Britvic Announces First Sustainability-linked Financing Deal

  Britvic Announces First Sustainability-linked Financing Deal

Britvic has agreed its first sustainability-linked credit facility, allowing it to borrow up to £400 million over the next five

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DIVA – The Second Call For SME Funding is Now OPEN!

  DIVA – The Second Call For SME Funding is Now OPEN!

DIVA is an EU funded project that aims to support SMEs to apply their digital technology to the agrofood, forestry

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European Commission Proposal to Support Irish Beef Producers Impacted by Market Uncertainty

  European Commission Proposal to Support Irish Beef Producers Impacted by Market Uncertainty

EU Member States have agreed to a proposal from the European Commission to make €50 million available to Irish beef

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Carlsberg Signs New Long-term Revolving Credit Facility

Carlsberg Breweries has entered into a new revolving credit facility of €2 billion maturing in June 2024 with an option

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Coca-Cola European Partners Lists on the Main Market of London Stock Exchange

  Coca-Cola European Partners Lists on the Main Market of London Stock Exchange

Coca-Cola European Partners (CCEP), the world’s largest Coca-Cola bottler by revenue, generating sales last year of €11.5 billion and operating

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EIB Lends €40 Million to Sodiaal to Fund Research and Innovation

  EIB Lends €40 Million to Sodiaal to Fund Research and Innovation

The European Investment Bank (EIB) is providing a €40 million loan to Sodiaal, the leading dairy co-operative in France and

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The Lakes Distillery Considers Possible IPO

  The Lakes Distillery Considers Possible IPO

The Lakes Distillery, a leading English single malt whisky distillery, is exploring the possibility of seeking admission of its shares

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Nestlé and Coca-Cola Reign Supreme in Food and Drink Brand Rankings as China’s Yili Surges

  Nestlé and Coca-Cola Reign Supreme in Food and Drink Brand Rankings as China’s Yili Surges

Nestlé and Coca-Cola have yet again dominated brand rankings in their respective industries, each keeping runners-up at a healthy distance

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Abbey International Finance Invests in Health Drinks Category

  Abbey International Finance Invests in Health Drinks Category

C7 Brands, the rapidly growing UK health drinks distributor, has announced a direct investment from Abbey International Finance. The investment,

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English Craft Brewer Reaches Crowdfunding Target

  English Craft Brewer Reaches Crowdfunding Target

English independent craft beer company, The Five Points Brewing Company, has smashed its crowdfunding target of £750,000 with a week

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Ornua Signs New €610 Million Bank Facility to Support Continued Dairy Industry Growth

  Ornua Signs New €610 Million Bank Facility to Support Continued Dairy Industry Growth

Ornua, the largest exporter of primary Irish dairy products with annualised sales of about €2 billion across 110 countries, has

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Bakkavor to Float on the London Stock Exchange

  Bakkavor to Float on the London Stock Exchange

Just days after announcing that it will no longer proceed with its plans for an initial public offering, Bakkavor, the UK’s

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Packaging Automation Helps Chicory Crops to Grow

  Packaging Automation Helps Chicory Crops to Grow

As a growing business Packaging Automation know how important it is to keep cash within the business and how hard

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Innis & Gunn Raises Additional Capital With Equity Sale

  Innis & Gunn Raises Additional Capital With Equity Sale

US-based L Catterton, the largest consumer-focused private equity firm in the world, is purchasing a minority stake of 27.9% in

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Quintessential Brands Raises €28 Million For the Dublin Liberties Whiskey Distillery

  Quintessential Brands Raises €28 Million For the Dublin Liberties Whiskey Distillery

Quintessential Brands has announced a major investment in the Dublin Liberties Distillery Company including new banking facilities. It has agreed

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O’Kale Krisps Wins University College Dublin’s 2017 Start-Up Programme For Students

  O’Kale Krisps Wins University College Dublin’s 2017 Start-Up Programme For Students

University College Dublin (UCD) has announced O’Kale Krisps (www.okalekrisps.com) as the overall winner of the 2017 UCD Startup Stars Programme.

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Nestlé to Support Start-ups Through Terra Accelerator

  Nestlé to Support Start-ups Through Terra Accelerator

Nestlé is expanding its support for innovative start-ups in the USA. Nestlé USA will enter into a new partnership with

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EU Support Scheme Helps to Reduce Milk Production

  EU Support Scheme Helps to Reduce Milk Production

Nearly 44,000 farmers from across the EU have applied for support from the EU for agreeing to voluntarily reduce their

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Startup Funding Club Raises Funds For Food and Drink Start-ups Nom Noms and Arctic Power Berries

  Startup Funding Club Raises Funds For Food and Drink Start-ups Nom Noms and Arctic Power Berries

Startup Funding Club has recently invested £220,000 into Nom Noms and Arctic Power Berries. The early-stage companies are both part

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