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Full coverage: Agribusiness

A solid business, a pillar of the rural economy and a €6m UK brand misadventure: where next for Aurivo?

The Currency was first to report on the overvaluation of the north-western agribusiness’s sports nutrition subsidiary My Goodness, and annual accounts have now confirmed an asset write-down. But there is much more to the co-op – and other options to sustain it into the future.

Thomas Hubert
25th May, 2020 - 4 min read

Lyons on agriculture, climate and the fiscal response to Covid-19: “Listen to the experts”

The head of global agribusiness Alltech finds himself hosting the first virtual edition of his company’s popular annual industry conference. He discusses how food production can navigate “the next normal”, and why his $3 billion firm remains private even as it enters new areas of digital technology and medicine.

Thomas Hubert
22nd May, 2020 - 12 min read

Can Ireland’s dairy industry weather the pandemic?

Butter prices are down, farmers are getting less for their milk and cheese stocks are going into cold stores. But unlike other sectors, Ireland’s dairy industry is working as one and its businesses entered the crisis with strong balance sheets.

Thomas Hubert
18th May, 2020 - 8 min read

China after the Covid-19 surge – five things Irish food and drinks companies can expect

As a food and drinks business specialist with ifac and a council member of the Ireland China Business Association, Lorcan Bannon has spent some time speaking with industry experts in China to get a perspective on what Irish food and drinks businesses can expect post the initial surge of Covid-19.

Lorcan Bannon
24th Apr, 2020 - 6 min read

Irish charity turns investment manager with €44m EU agribusiness funds for Africa

Self Help Africa has secured a new multi-million EU contract to inject capital into private enterprises in the Zambian food value chain. Although most African agribusiness remains far from bankable, the organisation sees its role as “priming the pump”.

Thomas Hubert
31st Mar, 2020 - 3 min read

Europe’s restaurants are closed – and they buy 60% of Irish steak

As Supermac’s joins McDonald’s in shutting up shop for the duration of the Covid-19 pandemic, Ireland’s beef industry is losing two major customers. But the real worry comes from expensive cuts piling up in cold stores.

Thomas Hubert
27th Mar, 2020 - 5 min read

As US business drags Aryzta further into the depths, its weak share price makes it a target for corporate raiders

The Irish-Swiss B2B frozen manufacturer has made progress addressing its debt problem, but cannot seem to address the excruciating demise of its North American division. Among the generalised stock market rout, its share price has taken another hammering.

Thomas Hubert
16th Mar, 2020 - 4 min read

High-tech ingredients have pushed Kerry Group’s market cap over €20bn. Should it exit consumer foods?

The Tralee-based food technology giant saw its EBITDA top €1 billion for the first time last year, according to yesterday’s results. After missing out on a mega-merger three months ago, is it time for Kerry to concentrate on what it is best at?

Thomas Hubert
19th Feb, 2020 - 7 min read

The macroeconomics of Irish dairy: how global rivals view Ireland

Contemptuous of cheddar, but jealous of Irish rain: a new study by Bord Bia’s French counterpart assesses the performance of Ireland among the world’s top dairy exporters and holds some lessons for the industry here.

Thomas Hubert
10th Jan, 2020 - 5 min read

Breadth, not depth: why Kerry missed out on a transformative €25 billion merger

US chemical giant DuPont announced on Monday that it would merge its nutrition and biosciences division with International Flavours and Fragrances. Why was Kerry Group’s bid unsuccessful?

S. Keyes and T. Hubert
17th Dec, 2019 - 5 min read
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