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.
Bio-Marine Ingredients Ireland wants to replicate the dairy industry's success in turning milk into high-value ingredients – but with fish. A failed funding round last year led to a restructuring of the business, which its CEO says is now seeking to raise €3m.
The nutrition group’s true performance is to be found deep in its capital efficiency. And this means moving away from dairy processing – except in the US, its boss Siobhán Talbot tells The Currency.
The Irish multinational has minimised the importance of physical ingredients in its technology-driven business model, insulating last year’s profits from rising food prices. A record US food safety fine to be imposed this year does not even register in annual accounts.
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