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Full coverage: Agribusiness

Bondholders bet on 35% rise in Glanbia shares as they lend co-op €250m for Irish de-merger

The farmer-owned co-op is regaining full control of Glanbia’s Irish operations in a €300m deal. This will now be largely funded by debt secured on the group’s listed shares, reducing the need to sell under-valued stock.

Thomas Hubert
20th Jan, 2022 - 2 min read

Glanbia’s founding co-op wants to do it all over again. A €300m farmers’ vote is all to play for

In one fell swoop, the board and management of Glanbia Co-op want to regain full control of Ireland’s largest agribusiness, sell down its PLC shareholding and prepare for expansion into new areas. Its farmer members are voting this Friday.

Thomas Hubert
16th Dec, 2021 - 9 min read

Meat factories and dealing with the bull

Hannah Quinn-Mulligan reflects on the frustrations and inconsistencies presented by the authorities following her year-long investigation into Covid-19 outbreaks in meat factories.

Hannah Quinn-Mulligan
13th Sep, 2021 - 5 min read

Glanbia has not only recovered from the pandemic — it has turned its crucial performance nutrition business around

As the world entered a destructive pandemic, the Irish dairy multinational had a bigger challenge on its hands: the sports and health nutrition brands at the core of its success story were running out of steam. A shock treatment delivered during lockdowns appears to have worked.

Thomas Hubert
13th Aug, 2021 - 6 min read

After a tough year, Devenish banks on algae-enriched feed and carbon farming to attract equity investment

A destructive fire plunged the Belfast-based agri-tech group into the red in 2020 and triggered a board reshuffle, but growth was slowing before that. To turn R&D into profit, its CEO Richard Kennedy says the group now wants to bring in new shareholders.

Thomas Hubert
23rd Jun, 2021 - 7 min read

C’est qui le patron? The most interesting brand you have never heard of

Is a French retail revolution brewing? A consumer-led brand of staple foods has been taking over the aisles in the country and in nine other markets, offering lessons for Ireland’s agri-food industry.

Lorcan Bannon
26th May, 2021 - 6 min read

Kerry offers reassurances on M&A strategy. It should do the same on disposals

As the food technology group recovers from Covid-19, its chief executive Edmond Scanlon answered a series of questions on the way it picks, conducts and reports acquisitions. The future of its dairy and consumer foods businesses is far less clear.

Thomas Hubert
17th Feb, 2021 - 6 min read

Spin-off talks value Kerry Group’s dairy processing business at three times Glanbia’s. Is it worth it?

The historic Kerry Co-op is in advanced talks with the wider food group to regain control of its domestic agribusiness. The deal is a high-stakes bet for the farmers, and part of a final focus on high-tech ingredients for Kerry Group.

Thomas Hubert
22nd Jan, 2021 - 4 min read

O Christmas Tree, how changing is your business

From new market entrants to the multiple challenges of online sales and higher expectations in the year of Covid-19, the Christmas tree market is not exempt from change… Or is it?

Lorcan Bannon
23rd Dec, 2020 - 4 min read

The King of M&A and the beef baron: Inside Larry Goodman’s ABP boardroom

Larry Goodman’s decision to appoint a prominent London dealmaker to his family holdings one year ago, and the departure of his son Mark from ABP's senior executive team last month, book-end a period of dramatic change. What is next for the beef processing giant?

Thomas Hubert
1st Dec, 2020 - 8 min read
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