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Tag "Ireland"

Oakland International Selected as Ireland Distribution Partner by Kepak

Supply chain and food distribution specialist Oakland International has been appointed by food innovator Kepak Convenience Foods to distribute their Convenience range of products for the three major retailers in Ireland.
Kepak Convenience Foods produces a variety of ‘Hot, Quick & Tasty’ convenience food products for the retail markets in Ireland, the UK and Europe including […]

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Irish Grocery Market Shows Biggest Decline Since 2010

    Irish Grocery Market Shows Biggest Decline Since 2010

The latest supermarket share figures from Kantar Worldpanel in Ireland for the 12 weeks ending 8 July 2012 show the grocery market has fallen by 1.3% compared with the same period last year, the steepest decline since August 2010.
Mark Thomson, business unit director at Kantar Worldpanel, explains: “The economic situation has been tough in Ireland […]

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Glanbia to Close Yoplait Yoghurt Facility

    Glanbia to Close Yoplait Yoghurt Facility

Glanbia, the Irish and international nutritional solutions and cheese group, is selling the Yoplait franchise forIreland back to brand owner Yoplait for a cash consideration of €18 million. However, as a consequence of this decision, production will cease at Glanbia’s yoghurt facility in Inch, County Wexford.
While Glanbia has held the Yoplait franchise for the manufacture and […]

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New Technology Transfer Strategy For Irish Food Companies

    New Technology Transfer Strategy For Irish Food Companies

A new Food Technology and Knowledge Transfer Strategy to support Irish food companies has been launched in Dublin by Teagasc, the Irish Agriculture and Food Development Authority. Teagasc’s Portfolio of Food Technologies opens five gateways, or opportunities for food companies to utilize and exploit. These include a comprehensive resource of technology offers, updates, services, expertise […]

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Hain Celestial Makes Strategic Irish Acquisition

    Hain Celestial Makes Strategic Irish Acquisition

Hain Celestial Group, the US-based natural and organic products manufacturer, is extending its international presence into Ireland with the acquisition of Cully & Sully. Cully & Sully is a marketer and manufacturer of natural chilled soups, savory pies and hot pots, all under the Cully & Sully brand, with a range of approximately 20 products. […]

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€6 Billion Irish Food Service Industry Unites

    €6 Billion Irish Food Service Industry Unites

The Irish food service sector has joined forces to create a new industry body – The Irish Foodservice Suppliers Alliance (IFSA). Previously the Catering Equipment Association (CEA), the IFSA has been formed with the aim of establishing and maintaining a collective agreement of standards and objectives for the overall food service suppliers industry in Ireland.
The […]

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Dairygold Reports Strong 2011 Performance

    Dairygold Reports Strong 2011 Performance

Strong returns from international dairy markets and increasing on farm milk production, which created higher processing throughputs, helped Dairygold, the Irish farmers co-operative, to generate an operating profit on its core activities of Eur22.6 million for 2011, a 19.6% increase on the 2010 figure. Dairygold’s optimisation of its product and customer mix, together with improved operating […]

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Bord Bia and Tesco Assist Irish Companies to Grow at Retail Level

    Bord Bia and Tesco Assist Irish Companies to Grow at Retail Level

Bord Bia (the Irish Food Board) and Tesco have developed a programme, to help food and drink companies to develop the required skills to achieve sustainable growth at multiple retail level. This comprehensive retail programme will equip participants with the necessary skills required to secure, grow and maintain a listing with Tesco. The programme will […]

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International Buyers With Purchasing Power of €18 billion Attend Irish Food and Drink Event

    International Buyers With Purchasing Power of €18 billion Attend Irish Food and Drink Event

The Irish food and drink industry’s ambitions for growth and expansion moved a further step forward today when over 520 food buyers from 28 countries across four continents, gathered at Dublin’s Convention Centre to attend Marketplace International 2012, a major one-day business development event organised by Bord Bia. Some 177 Irish food and drink companies, […]

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Diageo to Invest €153 Million in Dublin Brewery

    Diageo to Invest €153 Million in Dublin Brewery

Diageo is to make a capital investment of Eur153 million in a brewing centre of excellence at its famous St James’s Gate site in Dublin. The decision follows a major review looking at how Diageo can best ensure the long term sustainability of its brewing operations in Ireland.
The capital investment programme will result in a […]

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Ireland’s Food and Drink Exports Reach Record Levels

    Ireland’s Food and Drink Exports Reach Record Levels

The value of Irish food and drink exports increased by 12%, or Eur1 billion, in 2011 to reach an all-time high of Eur8.85 billion, according to Bord Bia, the Irish Food Board. For the first nine months of the year, food and drink exports increased at three times the rate of Ireland’s total merchandise exports. […]

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Ireland’s Food and Drink Exports to Approach €9 Billion in 2011

    Ireland’s Food and Drink Exports to Approach €9 Billion in 2011

Irish food and drink exports in 2011 are expected to reach a record high of €8.9 billion, an increase of more than 12%, or almost €1 billion, on 2010 levels. This follows growth of €700 million in 2010 leaving Ireland’s food exports in 2011 some 25% ahead of 2009 levels. Meanwhile, against a backdrop of […]

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FoodCentral – A New National Food Park For Ireland

    FoodCentral – A New National Food Park For Ireland

The development of FoodCentral, a national food park, strategically located on a 113-hectare site beside Dublin Airport and close to Dublin Port, is now underway in Ireland. A master plan focused on creating a new world-class food park has been agreed with Fingal County Council, the local authority.
FoodCentral will provide an opportunity for the phased […]

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Business is Good For Irish Fairtrade

    Business is Good For Irish Fairtrade

Contrary to what might be expected during the recession, Fairtrade sales continue to grow in Ireland. In 2010 consumer spending on Fairtrade Certified products grew by an impressive 17%, from €118m in 2009 to €138m in 2010. Ireland now has one of the highest per capita spends on Fairtrade Certified products anywhere in the world.
And […]

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Irish Regional Bakery Saved

    Irish Regional Bakery Saved

The fresh bread element of Gallagher’s Bakery in Ardara, County Donegal, has been saved from closure following its acquisition by managing director Declan Gallagher for an undisclosed amount. Declan Gallagher sold the family-owned bakery in 2007 to IAWS Group, now part of international bakery group Aryzta.
Last month Aryzta announced that it was closing the frozen […]

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Small Irish Food Businesses Demonstrate Resilience

Small food businesses in Ireland are continuing to demonstrate strong growth both on the domestic and export markets, according to new figures released by Bord Bia. Bord Bia works with over 400 small food businesses with an annual turnover of some €400m, representing an increase in value of 7% per year since 2007. Looking ahead […]

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Consolidation in Irish Grain and Feed Industry

Irish agri-nutrition and food company Origin Enterprises, which is 71% owned by international bakery group Aryzta, has together with W&R Barnett completed the transaction to establish an all-Ireland grain and feed handling, logistics and trading business. The new enterprise will be formed through the integration of Origin’s business of R&H Hall in the Republic of […]

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Irish Bakery Closure

Gallagher’s Bakery, based in Ardara, County Donegal, is closing its frozen bread section with the loss of 124 jobs. Gallagher’s specialises in producing part baked frozen breads under the French Mill brand for the in-store bakery and hot food delicatessen market in Ireland and abroad. The company is also a leading regional baker of fresh […]

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Glanbia Expands Irish Milk Business

    Glanbia Expands Irish Milk Business

Glanbia, the international nutritional ingredients and cheese group, is expanding its Irish dairy business with the acquisition of the Limerick-based Dawn liquid milk business from Kerry Group in a deal believed to be worth about Eur10m. Glanbia will take control of the Limerick plant, which employs about 160 people, and the Dawn Milk and Golden […]

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Irish Food and Drink Exports Approach €8 Billion Mark

    Irish Food and Drink Exports Approach €8 Billion Mark

The Republic of Ireland’s food and drink export sales rose by 11% in 2010 to reach €7.9 billion. The increase, amounting to just over €800 million, was supported by a more stable consumer environment, reduced exchange rate pressures, and improved relative competitiveness. It was also boosted by rising global prices for most agricultural commodities.
“The strength […]

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Danone to Invest €50 Million to Expand Irish Baby Food Plant

    Danone to Invest €50 Million to Expand Irish Baby Food Plant

Danone Baby Nutrition plans to invest Eur50m to significantly expand capacity at its baby food manufacturing plant at Macroom in Ireland. A subsidiary of French food and beverages group Danone, Danone Baby Nutrition manufactures specialised infant and toddler milks.
Construction is due to commence in February 2011 with the new facilities coming on stream at the […]

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Cooley Named Best Distillery in Europe for Third Consecutive Year

    Cooley Named Best Distillery in Europe for Third Consecutive Year

Cooley Distillery, Ireland’s only independent distillery, has been named European Distiller of the Year for the third consecutive year at the annual International Wine and Spirits Competition (IWSC). Cooley Distillery founder and chairman, John Teeling believes that Cooley’s achievements throughout the downturn are proof positive that the exporting and marketing of quality Irish produce will […]

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Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

  Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

Northern Foods and Greencore, two of the UK’s leading convenience food processors, are to merge to create Essenta Foods, a £1.7b turnover business with strong positions in private label production along with significant band strength in biscuits and frozen pizzas, respectively through the Fox’s and Goodfella’s brands. The merger is expected to yield cost synergies […]

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Strong Annual Operating Performance by Refocused Greencore

  Strong Annual Operating Performance by Refocused Greencore

Following three strategic disposals to become sharply focused on its UK, Irish and US convenience foods operations, Greencore has reported a 17.6% rise in group operating profit from continuing operations to Eur59.7m on sales up by 6.9% to Eur856.9m for the year ended September 24th 2010. Group operating margin from continuing operations improved by 63bps […]

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Acquisitions Lift C&C Group as Magners Returns to Growth

  Acquisitions Lift C&C Group as Magners Returns to Growth

Reflecting the impact of acquisitions and a return to volume growth of its Magners brand in Great Britain for the first time since 2007, Irish cider producer C&C Group has reported a 29.4% increase in operating profit from continuing operations to Eur63.4m for the six months ended 31st August 2010 on net revenue up 73% […]

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Aryzta Well Placed to Benefit From Economic Recovery

  Aryzta Well Placed to Benefit From Economic Recovery

Swiss and international speciality bakery group Aryzta has reported a 2.2% increase in operating profit (including associates and joint ventures) to Eur305m from underlying revenue up 8.6% to Eur3.01b. The core Food Group – Aryzta also owns 71% of Origin Enterprises, the Irish agri-nutrition business – increased operating profit by 4% to Eur227m on underlying […]

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Stronger Second Half Performance Drives Growth at Diageo

  Stronger Second Half Performance Drives Growth at Diageo

A stronger second half performance has helped global alcoholic drinks giant Diageo to increase reported operating profit by 6.5% to £2.574b, aied by exchange rate movement, for the year ended June 30th 2010 as gains in developing international markets offset declines in the mature markets of North America and Europe. On a reported basis, net […]

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New €12m Irish Mushroom Plant

  New €12m Irish Mushroom Plant

Irish mushrooms producer Monaghan Mushrooms has opened its new Eur12m state-of-the-art mushroom growing facility at Tyholland in County Monaghan. The new facility, which will generate 150 jobs, comprises 18 mushroom growing houses with a total growing area of 21,306 sq m. When operating at full capacity the plant will have an output of 115 tonnes […]

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Kerry Group Confirms Offer For Newmarket Co-operative Creameries

  Kerry Group Confirms Offer For Newmarket Co-operative Creameries

Kerry Group, the international ingredients, flavours and consumer foods group, has confirmed the terms of its offer to acquire Irish dairy processor Newmarket Co-operative Creameries for approximately Eur33m. The offer is subject to approval by Newmarket shareholders and by the Competition Authority of Ireland.

Stan McCarthy, chief executive of Kerry Group.
Newmarket Creameries, located in North Cork, […]

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Northern Foods to Sell Dalepak Frozen Foods

  Northern Foods to Sell Dalepak Frozen Foods

UK convenience foods producer Northern Foods has agreed to sell Dalepak Frozen Foods to the Irish Food Processors Group, one of the largest meat processors in Europe, for an expected cash consideration of £6.4m. Dalepak, based in Northallerton, North Yorkshire, England, is a supplier of frozen food products, including meat and meat free grills, with […]

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Kellogg Expanding European HQ

  Kellogg Expanding European HQ

Kellogg is creating fifty new jobs at its European headquarters at Swords in Ireland. The world’s largest breakfast cereal manufacturer is recruiting for senior positions in marketing, finance and sales at its European headquarters, and also expanding the sales team for its local Irish business. The fifty new staff will increase the number employed by […]

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United Biscuits Offered For Sale

  United Biscuits Offered For Sale

Private equity firms Blackstone Group and PAI Partners are reported to be seeking to sell British and international biscuits and snacks manufacturer United Biscuits for £2b or more. In 2009, United Biscuits increased EBITDA by 13.7% to £223.4m on turnover up 5% to £1.26b.
United Biscuits is one of the world’s leading branded biscuits and snacks […]

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Pfizer Strengthens Infant Food Manufacturing Capabilities in Asia With $100m Investment

Pfizer has invested $100m in the expansion of its Singapore Nutrition Plant, which manufactures nutritional products for infants and children. The expansion, which brings the total investment in the plant to $372m, makes it one of the largest nutritional plants worldwide.
The expansion of the plant to 91,963 sq m (the equivalent of 17 football fields) […]

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