Full coverage: Agribusiness

Elivia, the billion-euro meat processor part-owned by the Browne and Queally families, is roaring ahead. The Irish partners are giving themselves time to decide on a full takeover.

Jim Bergin is CEO of Tirlán co-op, which has now separated its Irish business from Glanbia. In his first interview at Tirlán’s new head office, he outlines how the company intends to make use of its new-found independence.

To complete its conversion from feed manufacturer to green ag-tech solutions provider, Owen Brennan’s group needs more finance – and to attract new investors, it has promised to favour them in a future sale of the business. Will they match the valuation put on the group in recent internal transactions?

Half-year results from the global nutrition group reveal the effect of its final divestment from domestic milk processing on its bottom line, share buybacks and the resulting value returned through its stock.

After reporting stalled growth and heavy losses in 2020, Devenish Nutrition returned to profit last year. The group needs this to sustain growing indebtedness as it continues to bet on developing technologies.

The mid-size dairy processor Arrabawn and Siptu took their dispute over exit pay to the Labour Court on the week the business reported strong results. The court has now made a recommendation.

Politicians turning the sod on Glanbia Co-op and Royal A-Ware’s new plant yesterday were upbeat about the prospects for higher-value dairy processing and the removal of the legal barriers that delayed the project until this year.

Ireland’s largest dairy processor has completed its separation from the listed multinational it had created. Under full farmer ownership, its new priority is to boost lagging producer prices.

Buybacks and dividends are the sign of a well-run, mature business. In a confident update, Origin Enterprises has announced a €40 million buy-back as well as a continued dividend despite its exposure to Ukraine.

Technological change in agriculture and food may have to adapt to shifting consumer priorities after Covid-19, but the pace of innovation remains unabated. Here is a look at six big ideas – and one possible spoiler.