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Full coverage: Food

Fossil fuels v cows: Climate scientists’ “strong, rapid and sustained” methane challenge to Irish agri-food

The urgent need to stop carbon dioxide emissions from fossil fuels is nothing new, but farmers and food processors were hoping the different gas released by livestock could be stabilised. The IPCC’s new report shows it must go down too.

Thomas Hubert
10th Aug, 2021 - 6 min read

Less food, more pharma: Morphing Kerry emerges largely unscathed from pandemic

Kerry Group has regained most of the ground lost to Covid-19. As it prepares to complete the sale of its consumer foods division, the core taste and nutrition business looks increasingly like a pharmaceutical multinational acquiring innovations to bolt onto a central industrial and commercial platform.

Thomas Hubert
30th Jul, 2021 - 5 min read

The Queallys and motorway companies made millions last year. Too much of it came from taxpayers

From wage subsidy schemes to public-private partnerships, recently filed accounts show that some companies have benefited handsomely from state handouts triggered by the pandemic – whether they needed them or not.

Thomas Hubert
29th Jul, 2021 - 6 min read

Navigating Brexit: “Everything is here. All we need is the fish”

The Donegal fishing business Atlantic Dawn has survived the sudden death of its founder and increasing environmental scrutiny of large trawlers. Yet Karl McHugh, the second-generation leader of the group, warns that it is now under severe threat after Irish mackerel quotas were sacrificed in the trade deal between the EU and the UK.

Thomas Hubert
20th Jul, 2021 - 21 min read

What can Total Produce shareholders expect from the mega-merger with Dole?

The market's response to Total Produce's merger with Dole says it's going to be great for shareholders. Who are they, how will the deal work, and how will they benefit?

S. Keyes and T. Hubert
15th Jul, 2021 - 6 min read

Larry Goodman’s finances are usually kept under lock and key. However, a Tyrone outpost sheds light on profits and margins

Competition authorities have just cleared ABP’s final takeover of both Linden Foods in Northern Ireland and Slaney in the Republic, which employ over 2,000 people. The northern half of this portfolio cemented growing profits as the pandemic hit.

Thomas Hubert
13th Jul, 2021 - 3 min read

Reimaging food waste: How Rethink Ireland fuelled FoodCloud’s growth

Foodcloud is an unusual non-profit: it has merged, invested and scaled itself to the point where it's a significant European player. This is its story.

T. Lyons and S. Keyes
8th Jul, 2021 - 14 min read

BiaVest scoops up stake in ice-cream chain Scrumdiddly’s

The founders of the ice-cream parlour business have sold a significant stake to the food-focused private equity firm. Hilliard Lombard and David McKernan plan to grow the chain to between 10 and 15 outlets within two or three years.

Tom Lyons
28th Jun, 2021 - 2 min read

Kerry had a profitable meat business with strong brands – and it made sense to sell it

Kerry Group has agreed to sell its meats and meals business for €819 million to Pilgrim's Pride. Staple foods like bacon and sausages were the foundation on which Kerry built its empire, but the reality is that the technology-focused group no longer needs them.

S. Keyes and T. Hubert
18th Jun, 2021 - 4 min read

Unlocking the Queally family food business empire: 300 companies, 3 continents, 10,000 staff and billions in revenues

Meat may be a low-margin business, but the scale achieved by Peter and John Queally has made two generations of multi-millionaires. An in-depth investigation of over 300 companies reveals their corporate structure and business strategy.

Thomas Hubert
10th Jun, 2021 - 29 min read
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