FDBusiness.com

Walsh Mushrooms Acquires Golden Mushrooms in Positive Move For Irish Mushroom Industry

 Breaking News
  • Carlsberg Group Remains on Course Carlsberg Group has announced organic and reported net revenue growth of 2% to DKr31.77 billion (€4.27 billion) for the first half of 2017 although group beer volumes fell organically by 3%, chiefly due to a decline in Russia. Operating profit was up 15% organically, with all three regions – Western Europe, Eastern Europe and Asia [...]...
  • UK Food-to-go Market to Reach £23.5 Billion by 2022 The UK’s food-to-go sector is in rude health and will be worth £23.5 billion by 2022, up from £17.4 billion in 2017, according to IGD, as shoppers’ preference for eating on the move shows no signs of slowing down. IGD’s food-to-go research splits the market into five segments, with the organisation’s latest forecasts suggesting particularly strong [...]...
  • Irish Food Companies Encouraged to ‘Think Digital’ and Maximise Online Retail Opportunity Bord Bia has announced a partnership with the Digital Marketing Institute to offer Irish food and drink companies an opportunity to grow and develop their online presence with a view to increasing brand awareness and sales. ‘Think Digital’ is a 6-month digital marketing programme available to all Irish food and drink companies designed specifically to address the [...]...
  • Norwegians Sceptical About Ready-to-eat Food Around 40% of Norwegian consumers agree with the statement that industrially produced food is unhealthy, according to the results of a survey conducted by Kantar TNS on behalf of Orkla. Nine out of 10 think that the food they prepare themselves is better than industrially produced food, while close to half think that the industry [...]...
  • Mandatory CCTV in All Slaughterhouses Under New Animal Welfare Plans CCTV will be mandatory in all slaughterhouses in England under new plans recently announced by Environment Secretary Michael Gove, as he outlined a series of measures to cement the UK’s position as a global leader on animal welfare. The proposals will deliver a manifesto commitment for CCTV to be required in every slaughterhouse in England [...]...
  • £3.7 Billion Worth of Discounts Disappear From UK Supermarket Shelves as Promotions Fall to Lowest Levels in 10 Years The pressure on UK retailers to be more transparent in their pricing has seen the number of trade promotions fall to their lowest levels for 10 years, and in 2017, shoppers will receive £3.7 billion less in promotional savings. This is according to a new report by IRI, the provider of big data and predictive analytics [...]...

Walsh Mushrooms Acquires Golden Mushrooms in Positive Move For Irish Mushroom Industry

Walsh Mushrooms Acquires Golden Mushrooms in Positive Move For Irish Mushroom Industry
January 25
09:54 2017

Walsh Mushrooms Group has acquired the business and assets of Golden Mushrooms, one of Ireland’s top mushroom growers. Walsh Mushrooms Group is the second largest mushroom supplier to the UK marketplace, with operations in Ireland and the UK in compost manufacture, mushroom growing, marketing and distribution. The move, which comes amid on-going volatility in the sector in the wake of Brexit, can be seen as a significant show of confidence in the future of the Irish mushroom industry.

Walsh Mushrooms Group currently markets over 26,000 tonnes of mushrooms per annum accounting for over 15% of the total UK mushroom market. The acquisition brings total group employee numbers to 380 people across four sites in Ireland and the UK and boosts the groups own production capability to 140 tonnes of mushrooms per week.

Padraic O’Leary, managing director of Walsh Mushrooms, comments: “The last seven months have certainly been incredibly difficult but we are confident that the sector will overcome the challenge created by Brexit. The fact is that mushrooms are the second largest vegetable category in the UK, yet the market is not self-sufficient and needs to import 50% of their mushroom requirement. A long-standing, strong relationship exists between our markets and we are confident that ultimately the UK will return a more sustainable price for Irish mushrooms reflecting the new, post Brexit, foreign exchange rates.”

Founded by Michael and Marian Bergin, Golden Mushrooms began operating on a site outside the village of Golden in Tipperary in 1998 and quickly grew to become a significant producer in the Irish market employing 90 people and achieving turnover of over €5 million.  The business will continue trading as Walsh Mushrooms Golden Ltd.

Founder of Golden Mushrooms, Michael Bergin says: “We are proud to have grown a successful business from scratch and are delighted to see it, and our loyal employees, continue to operate under the new ownership of Walsh Mushrooms Group. We have worked closely with Walsh Mushrooms Group for the last 15 years and greatly respect their continued support and confidence in the Irish mushroom industry.”

Padraic O’Leary adds: “We believe that this acquisition will serve to further strengthen the Walsh Mushrooms Group, building on our recent significant investments in our production and packaging facilities in the UK. Golden Mushrooms has grown into a successful business over the last 18 years and we have long admired the production facilities and staff. Their strong commitment to sustainability, with the presence of a biomass facility on site, was key for us and strongly aligns with our group environmental policy.”

Walsh Mushrooms Group was founded in Gorey, County Wexford in 1979 and now operates across four sites in Ireland and the UK including the newly acquired mushroom production facility in Golden, County Tipperary; a compost manufacturing facility in Gorey, County Wexford; a mushroom production facility in Suffolk; and a packing and labelling facility near Evesham in Worcestershire, UK. For further information visit www.walshmushrooms.com.

CAPTION:

Pictured (left to right): Vitali Shastak, production manager at Walsh Mushrooms Golden, and Padraic O’Leary, managing director of Walsh Mushrooms.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2017drinktec
  • September 13, 2017FI Asia
  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
AEC v1.0.4

The Magazine

F&D Business Preferred Suppliers

Advertisements