Why is the energy drinks global giant expanding its Co Kildare factory at a time of high inflation and rising corporation tax rates? The answer lies in the fine print governing tax deductibles.
Having failed to raise €50m, Bio-Marine Ingredients Ireland Ltd is using the recently introduced Scarp process to restructure its debts. But first, it wants the High Court to grant it protection from its many creditors.
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.
Glanbia boss Siobhán Talbot has given her last half-year results presentation, confirming the group’s ability to leverage price rises and cut debt in the current inflationary environment.
New figures from the listed food technology giant and the Waterford meat processing family business reveal different strategies to navigate the same environment.
Since 2015, the group owned by the Queally and Browne families has had a 49% stake in French-based Elivia. Instead of exercising an option to take it over, the Irish shareholder is selling out. Why?
The Naked Collective, a healthy drinks company founded by Niall Phelan and Cat Butler, was plotting an international expansion. However, it has now summoned creditors to a meeting to wind up the business.
Techies have been trying to optimise the essential act of eating for more than a decade. Now ex-rugby player Darren O'Reilly is trying to take on the big players and replace supermarket meal deals with powder and water.
Following its acquisition by the food dynasty scion, National Organic 160 Products has reported steady trading, directors’ payouts and a new destination for its cash reserves.
The vegan ready-made brand was expecting new funding last October but has now entered an insolvency restructuring regime.
© 2023 Currency Media Limited
