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Full coverage: Food

Add a factory: Monster Energy invests in the combined allure of Ireland’s IP and manufacturing tax regimes 

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.

Thomas Hubert
8th Nov, 2023 - 4 min read

High costs and energy bills land fish processor with a €42m deficit

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.

Francesca Comyn
25th Oct, 2023 - 3 min read

Dairy expansion, multinationals, technology, tax: The many red flags raised by Nestlé’s planned plant closure

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.

Thomas Hubert
20th Oct, 2023 - 5 min read

Siobhán Talbot retires from Glanbia on a high but her Slimfast acquisition drags performance down

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.

Thomas Hubert
17th Aug, 2023 - 5 min read

Kerry and Queally: How two Irish food businesses face inflation

New figures from the listed food technology giant and the Waterford meat processing family business reveal different strategies to navigate the same environment.

Thomas Hubert
3rd Aug, 2023 - 5 min read

After eight years, what did Dawn Meats get out of owning half of France’s second-largest beef processor?

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?

Thomas Hubert
15th Jun, 2023 - 5 min read

Having raised more than €12m from investors, The Naked Collective is calling in the liquidators

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.

Tom Lyons
29th May, 2023 - 2 min read

The Irish entrant to the dystopian powdered food market

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.

Rosanna Cooney
3rd May, 2023 - 3 min read

Mark Goodman’s first decisions as Bunalun owner

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.

Thomas Hubert
21st Apr, 2023 - 2 min read

Backed by food industry heavy hitters, Fiid seeks rescue plan

The vegan ready-made brand was expecting new funding last October but has now entered an insolvency restructuring regime.

Thomas Hubert
29th Mar, 2023 - 2 min read
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