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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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- 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...
- 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...
- 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...
- 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...
- 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...
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
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
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
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
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.
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
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
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
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
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
The Covid-19 pandemic has severely impacted Ireland’s drinks industry, with the closure of the on-trade and restrictions in supply to many off-trade channels, not just here in Ireland, but across
Arden Fine Foods, a leading sourcer and supplier of biscuits and bakery products, has been acquired by its management team, led by Managing Director, Gary Barr, for an undisclosed sum.
Food and drink businesses defied an overall drop in UK exports during the first quarter of 2020 as supply chain disruption and international efforts to combat coronavirus hit overseas sales
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 in 2015, Laird Superfood, creator of plant-based superfood products, has quickly
YFood, a Munich-based start-up company offering complete food solutions in the form of drinks, bars and powder, has secured a €15 million Series B financing round, led by London-based Felix
Carbery Group, the West Cork based international ingredients and cheese company, has reported a solid financial performance for the year ended 31 December 2019, grounded in a commitment to responsible
The Coca-Cola Company yesterday reported first-quarter 2020 results and provided insight into how the company is navigating through the ongoing coronavirus pandemic. The company forecast a significant hit to current-quarter
Glanbia reported a raise of 17.0% in revenues in Q1 2020 versus prior year due to good demand across both Glanbia Performance Nutrition and Glanbia Nutritionals; “Overall demand in our
Premier Foods has concluded its strategic review, which was announced on 27 February 2019, and announced a transformational agreement with its pensions schemes. The pensions scheme agreement is a segregated
Glanbia Ireland will pay a base milk price for March of 29 cpl (including VAT) for creamery milk at 3.6% fat and 3.3% protein. This is a reduction of 2
Bord Bia unveils support measures for food, drink and horticulture businesses affected by COVID-19 as part of the Government Supports for Business In response to the impact of the COVID-19 crisis
C&C Group, a leading, vertically integrated premium drinks company which manufactures, markets and distributes branded beer, cider, wine, spirits and
Bakkavor Group, a leading provider of fresh prepared food in the UK, has successfully concluded a planned refinancing of its
Britvic has agreed its first sustainability-linked credit facility, allowing it to borrow up to £400 million over the next five
DIVA is an EU funded project that aims to support SMEs to apply their digital technology to the agrofood, forestry
EU Member States have agreed to a proposal from the European Commission to make €50 million available to Irish beef
Carlsberg Breweries has entered into a new revolving credit facility of €2 billion maturing in June 2024 with an option
Coca-Cola European Partners (CCEP), the world’s largest Coca-Cola bottler by revenue, generating sales last year of €11.5 billion and operating
The European Investment Bank (EIB) is providing a €40 million loan to Sodiaal, the leading dairy co-operative in France and
The Lakes Distillery, a leading English single malt whisky distillery, is exploring the possibility of seeking admission of its shares
Nestlé and Coca-Cola have yet again dominated brand rankings in their respective industries, each keeping runners-up at a healthy distance
C7 Brands, the rapidly growing UK health drinks distributor, has announced a direct investment from Abbey International Finance. The investment,
English independent craft beer company, The Five Points Brewing Company, has smashed its crowdfunding target of £750,000 with a week
Ornua, the largest exporter of primary Irish dairy products with annualised sales of about €2 billion across 110 countries, has
Just days after announcing that it will no longer proceed with its plans for an initial public offering, Bakkavor, the UK’s
As a growing business Packaging Automation know how important it is to keep cash within the business and how hard
US-based L Catterton, the largest consumer-focused private equity firm in the world, is purchasing a minority stake of 27.9% in
Quintessential Brands has announced a major investment in the Dublin Liberties Distillery Company including new banking facilities. It has agreed
University College Dublin (UCD) has announced O’Kale Krisps (www.okalekrisps.com) as the overall winner of the 2017 UCD Startup Stars Programme.
Nestlé is expanding its support for innovative start-ups in the USA. Nestlé USA will enter into a new partnership with
Nearly 44,000 farmers from across the EU have applied for support from the EU for agreeing to voluntarily reduce their
Startup Funding Club has recently invested £220,000 into Nom Noms and Arctic Power Berries. The early-stage companies are both part
ARYZTA, the Zurich-based global food business with a leadership position in speciality bakery, has announced changes to its capital structure
Food Union Group, an international group of dairy and ice cream producing companies with a strong market share in Northern
Seeking food and drink’s entrepreneurial stars of tomorrow, The Seed Fund has announced that its annual competition is open for
Piccolo, the Med-inspired organic baby food brand that has successfully challenged its category with fresh flavours and artisan design, has
The European Investment Bank (EIB) is lending €50 million (some PLN220 million) to dairy co-operative Mlekpol, Poland’s largest dairy manufacturer,
The European Investment Fund (EIF) and Agrár-Vállalkozási Hitelgarancia Alapítvány (AVHGA) have signed a COSME agreement to enhance access to finance
Meadow Foods, the UK’s largest independently owned dairy group and a leading supplier of milk and dairy ingredients to the
By Ian Hunter, Senior Equity Analyst at Investec Across our three main businesses in Investec Ireland (Corporate Treasury, Corporate Finance
The Irish Government has launched a new €500,000 Enterprise Ireland Competitive Start Fund to support start-up activity in the agricultural
By Ian Hunter, Senior Equity Analyst at Investec Across our main businesses in Investec Ireland – Corporate Treasury, Corporate Finance
The Irish Government has launched a new Enterprise Ireland Competitive Feasibility Fund for agri-businesses. The Fund, which can provide up
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