Cork-based Delicious Bakery raises €175k investment and creates nine jobs

 Breaking News
  • Coca-Cola HBC to Acquire Italian Water and Sparkling Beverages Company in €88 Million Deal Coca‑Cola HBC has agreed to acquire Acque Minerali, a privately-held natural mineral water and adult sparkling beverages business based in Italy. The acquisition is being made in conjunction with The Coca-Cola Company, in-line with previous similar acquisitions. The total enterprise value payable by Coca‑Cola HBC and The Coca‑Cola Company, subject to customary closing adjustments, amounts [...]...
  • Britvic Signs Up to Science Based Targets Initiative Britvic has pledged to pursue bolder greenhouse gas (GHG) emission reduction targets by signing up to the Science Based Targets initiative. Britvic joins around 600 leading companies from around the world in formally committing to independently verified science-based GHG emission reduction targets. Britvic’s A Healthier Everyday sustainability strategy recognises climate change as one of the biggest threats facing [...]...
  • Marks & Spencer Partners Infarm to Bring Urban Farming to London Stores M&S Food is partnering with infarm – one of the world’s most advanced urban farming platforms – to deliver a range of fresh produce grown and harvested in a selection of the retailer’s London stores. Customers will now find a range of fresh herbs – including Italian, Greek and Bordeaux Basils, Mint, Curly Parsley and Mountain [...]...
  • Coca-Cola European Partners to Remove 4,000 Tonnes of Single-use Plastic by Swapping Shrink Wrap For Cardboard in Western Europe Coca-Cola European Partners, will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes of single-use plastic per year across the region. This is the latest move in Coca-Cola’s commitment to tackle packaging waste and remove all unnecessary single-use plastic from its secondary packaging. Plastic shrink wrapping is used [...]...
  • EU Leading in Global Agri-food Trade The EU has been confirmed for yet another year in its position as the largest global exporter of agri-food products, with sales reaching €138 billion in 2018. Agriculture products represent a solid share of 7% of the value of EU total goods exported in 2018, ranking fourth after machinery, other manufactured goods and chemicals. Agriculture and [...]...

Cork-based Delicious Bakery raises €175k investment and creates nine jobs

Cork-based Delicious Bakery raises €175k investment and creates nine jobs
May 24
09:54 2013

Boole Investment Syndicate, supported by the Halo Business Angel Network (HBAN) and Cork Business Innovation Centre (Cork BIC), has announced that Cork-based company Delicious Bakery has received investment of €175,000 from private business angel investors, with additional funding also received from Enterprise Ireland.

Delicious specialises in gluten, dairy, yeast and wheat free products, currently employs nine people in Cork and is creating a further nine jobs over the next two years as a result of the investment.

Delicious was founded in 2007 by Denise O’Callaghan, following her father’s diagnosis as a coeliac and she quickly recognised that there was a lack of, good tasting, gluten free food products on the market.

As a result, she made the decision to leave her job in Dublin and return to Cork where she set up the Delicious Bakery.

Delicious supplies to Dunnes Sores, Tesco, Supervalu and Aer Lingus, among others, and is now is looking to expand its product line and enter the UK market.

“We decided to establish the business in Cork as we have family support here but also, Cork has the highest concentration of coeliacs in Ireland,” said O’Callaghan.

“The business has gone from strength to strength and we are now in a situation where we have outgrown our current premises and need a larger bakery to facilitate our growth. We also want to look at new markets, such as the UK, which is why we sought investment at this time. The business planning advice we received from Cork BIC when preparing for the investment process was vital.”

Shemas Eivers of the Boole Syndicate added: “Members of the Boole syndicate invested jointly in the Delicious Bakery as this is a very pioneering company that identified a large gap in the market and is being run by a managing director with a strong business background.

“We believe it is important that Cork has a strong business angel community to encourage a vibrant and local economy. We want to grow the Boole Syndicate in order to increase the available funds and expertise within the group.

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here