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Full coverage: Food

Kerry offers reassurances on M&A strategy. It should do the same on disposals

As the food technology group recovers from Covid-19, its chief executive Edmond Scanlon answered a series of questions on the way it picks, conducts and reports acquisitions. The future of its dairy and consumer foods businesses is far less clear.

Thomas Hubert
17th Feb, 2021 - 6 min read

Fact-checked: The anonymously-authored PDF that wiped €2bn off Kerry Group

An unknown organisation with no other apparent resources than an internet connection caused a brief but significant share price drop on Thursday. What is behind its claims against Kerry’s acquisition strategy?

S. Keyes and T. Hubert
12th Feb, 2021 - 13 min read

Chairman of Broderick’s steps down as bidder circles food business

Experienced businessman Peter O’Donoghue steps down from Dublin confectionery maker to avoid a conflict of interest. It marks the latest twist in Broderick’s saga.

Tom Lyons
5th Feb, 2021 - 2 min read

Spin-off talks value Kerry Group’s dairy processing business at three times Glanbia’s. Is it worth it?

The historic Kerry Co-op is in advanced talks with the wider food group to regain control of its domestic agribusiness. The deal is a high-stakes bet for the farmers, and part of a final focus on high-tech ingredients for Kerry Group.

Thomas Hubert
22nd Jan, 2021 - 4 min read

Aryzta’s shareholders have endorsed their new board’s plan. So, what is it?

Aryzta’s new chairman and interim CEO Urs Jordi has resisted an offer by the US hedge fund Elliott to buy out the Swiss-Irish baking multinational, and his shareholders have just rewarded him with a 92% re-election vote. Here is what he plans to do next.

Thomas Hubert
16th Dec, 2020 - 5 min read

Hedging our food bets: Why the State should invest in the plant-based revolution threatening Ireland’s farming future

McDonald's is the latest food business to announce a plant-based alternative for next year. We don’t know yet if shifts in consumer demand away from meat and dairy are a temporary fad or deep-seated trends. Either way, a public stake in this emerging industry would help manage what the future holds for Irish farmers.

Jonathan Ruane
1st Dec, 2020 - 10 min read

Uncharted waters: Broderick’s contentious examinership battle nears the finish line

A minority family shareholder was accused in the High Court of going on a “wrecking mission” as Broderick's main stakeholder positioned itself as a steady hand on the tiller.

Francesca Comyn
26th Nov, 2020 - 6 min read

Outdoing the activist investors: Elliott’s weak offer is just the start of the battle for Aryzta

By unveiling a conditional €730m bid for the Irish-Swiss baked goods manufacturer, New York billionaire Paul Singer’s firm has triggered a chain of events that has already claimed its CEO. Three weeks from a crucial AGM, this is hardly the end of it.

Thomas Hubert
25th Nov, 2020 - 6 min read

“We wanted to go international”: healthy snacks brand takes on the world via Boyne Valley

The co-founders of Cali Cali reveal how they linked up with their new global distributor – and acquired a new investor in the bargain.

Tom Lyons
20th Nov, 2020 - 4 min read

Taking the “boomerang effect” online: Eamonn Quinn on retail’s accelerated digital transformation

From home delivery to temperature checks, Superquinn heir Eamonn Quinn has backed many food and retail companies. The chairman of Buymie and Kelsius talks about the future of the supermarket – and grants a peep into the Quinn family office.

Thomas Hubert
24th Sep, 2020 - 16 min read
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