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Full coverage: Agribusiness

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

Hedging our food bets: Why the State should invest in the plant-based revolution threatening Ireland’s farming future

McDonald's is the latest food business to announce a plant-based alternative for next year. We don’t know yet if shifts in consumer demand away from meat and dairy are a temporary fad or deep-seated trends. Either way, a public stake in this emerging industry would help manage what the future holds for Irish farmers.

Jonathan Ruane
1st Dec, 2020 - 10 min read

The Kerry Co-op project: How Civil War looting and curling at an ice-rink saved Kerry farmers from multi-million tax bills

Thousands of farmers in the co-op at the origin of Kerry Group were targeted by the tax authority over the status of so-called patronage shares. A new landmark case has revealed how the probe came unstuck.

Thomas Hubert
19th Oct, 2020 - 8 min read

Growing sales by 20% during lockdown: “There is a consumer for whom food has become a topic of conversation”

Dairy food manufacturer Glenisk is expanding to double production. From a site with no electricity, Vincent Cleary has grown the family business to the forefront of Ireland’s organic industry – despite the disdain he says he has faced from official Ireland.

Ruth O'Connor
4th Sep, 2020 - 7 min read

Betting the farm: Devenish ploughs resources into deep agritech restructure

The Belfast-based livestock nutrition company is investing massively in its new global research and development centre in Co Meath, where it hopes to produce carbon-neutral beef and dairy by 2025. But the lenders behind a €118m refinancing package are keeping a close watch as its existing business faces the challenges of Brexit and Covid-19. To provide guarantees, Owen Brennan’s group has been reorganising.

Thomas Hubert
18th Aug, 2020 - 9 min read

Confidential files reveal competition probe into beef processors queried everyone – except beef processors

Just one year ago, meat factories now at the centre of Covid-19 outbreaks were facing another storm, with pickets at their gates. Complaints gave rise to an examination of competition in the sector, but a trawl of the 316 files in the case shows that while the CCPC found time to threaten protesting farmers with legal action, the watchdog stopped short of contacting beef barons.

Thomas Hubert
11th Aug, 2020 - 9 min read

Going, going, gone: The race is on to get Ireland’s 100 marts online

Live streams, smartphone bids and USB gavels became features of livestock sales as soon as the Covid-19 lockdown closed marts to the public. Technology providers are vying for this business, which appears to be here to stay.

Thomas Hubert
26th Jun, 2020 - 8 min read
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