The funding aimed to turn the Belfast company into a global leader of integrated animal, human and environmental health solutions. Having sold down assets, it is refocusing on livestock feed ingredients instead.
The long quest for equity investment is finally bearing fruit at the indebted livestock nutrition group. It took the sale of its research farm and improved terms for new shareholders, though.
A product used to artificially inseminate sows is at the centre of a swathe of newly filed High Court cases against an Irish firm and a Dutch supplier.
Dairymaster is one of Ireland’s most innovative and successful family businesses. However, it has also been hit by a lengthy family dispute, exposing tensions, acrimony and contested claims.
From dairy exports-driven agriculture to the reliance on corporation tax paid by multinationals, the wind-down of the Askeaton infant formula plant exposes multiple risks for Ireland on a single site.
Five years after breeding problems emerged on an Irish pig farm, a dispute illustrating the high-tech international supply chain behind livestock genetics is going legal.
Kilkenny animal feed manufacturer Connolly's Red Mills is one of Ireland’s oldest family businesses. For 30 years, Michael Connolly has travelled the world looking for new export markets. Now based in Dubai, he reflects upon the lessons he learned along the way.
As EU ministers including Ireland’s adopted the proposed Nature Restoration Law last week, speakers at Alltech’s Dublin conference promoted technology instead of restrictions to achieve environmental goals in agriculture. This debate is far from over.
By selling the research farm touted as Ireland’s answer to climate change, the livestock nutrition and agricultural technology group is closing a symbolic chapter. But the true meaning of the decision emerges from Devenish’s debt history.
Bio-Marine Ingredients Ireland wants to replicate the dairy industry's success in turning milk into high-value ingredients – but with fish. A failed funding round last year led to a restructuring of the business, which its CEO says is now seeking to raise €3m.
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