Industry & Business

Food & Beverage

Pratt family sells Avoca to US catering giant Aramark

The Pratt family behind the Avoca chain of luxury retail outlets and cafés have agreed to sell US catering group Aramark for a price rumoured to be upwards of €60

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Hogan family offers DCC €6.5m for its stake in Kylemore Services Group

The Hogan family, which owns 50 percent of catering services company Kylemore Services Group (KSG), has made a €6.54m offer to Irish distribution group DCC to acquire its 50 percent

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Glanbia in talks of $140m expansion in New Mexico

Glanbia is in advanced discussions about a $140m project to expand cheese and whey production at its New Mexico plant. The expansion,with its joint venture partner South West Cheese, will take

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Le Pain Quotidien opens first Irish location and promises a further 120 jobs

Global restaurant and boulangerie, Le Pain Quotidien, opens the doors of it’s first Irish location today. The launch today in Kildare Village represents the beginning of a wider expansion in

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Raymond Coyle to sell final share of Largo Foods

Largo Foods founder Ray Coyle has this week agreed to sell his final shareholding in the company he established 33 years ago. The successful business man will sell his 25

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Demand for Jameson boosts Pernod Ricard sales

    Demand for Jameson boosts Pernod Ricard sales

Pernod Ricard, the French spirits group expects it’s sales to gradually improve this year in its main markets of Europe and the US. The group, which is the second biggest

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Join over 2,000 delegates at the National Sustainability Summit

The National Sustainability Summit will take place for the first time on 3 November in the Aviva Stadium, Dublin. The event will provide a timely platform to discuss and debate

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Starbucks and Fiat ordered to pay huge EU back taxes

    Starbucks and Fiat ordered to pay huge EU back taxes

The European Union is demanding that U.S. coffee chain Starbucks and carmaker Fiat repay up to 30 million euros each in tax breaks they received from EU nations, in a

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Starbucks to sell wine and coffee as it launches store of the future

    Starbucks to sell wine and coffee as it launches store of the future

The coffee giant is planning to break the norm at it’s new store in London. The store near Covent Garden will be a new Star Reserve store which will cater

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Topaz to consider operating some food-only outlets

    Topaz to consider operating some food-only outlets

Chief executive Emmet O’Neill told RTE’s Morning Ireland that the company was “playing with those ideas at the moment”. “Where we do have sites that are small forecourts, often what

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Kerry dishes out $735m for three US food and beverage businesses

    Kerry dishes out $735m for three US food and beverage businesses

Kerry Group has spent $735m (€646m) on three US acquisitions, with chief executive Stan McCarthy saying the businesses provided the company with “tremendous growth opportunities”. The group is buying Wisconsin-based

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Nestle cuts full-year outlook after 9-month sales miss

    Nestle cuts full-year outlook after 9-month sales miss

Food giant Nestle today lowered its full-year outlook as a Maggi noodle scandal continued to drag down third-quarter sales. The world’s largest packaged food company’s sales dropped 2.1% to 64.9

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Pepsi licenses its brand to make US$200 smartphones in China

    Pepsi licenses its brand to make US$200 smartphones in China

With Android phones becoming so commonplace, so what if they are compared to sugar water? In fact, Pepsi appears to have gone full hog and licensed its trademark for use

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Anheuser-Busch agrees £68bn take over deal with SABMiller

    Anheuser-Busch agrees £68bn take over deal with SABMiller

Anheuser-Busch InBev has agreed in principle to buy SABMiller for approximately £68 billion or €92 billion, raising its bid after several rejections to clinch a record deal within the industry.

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C&C under fire from shareholders after profit warning

    C&C under fire from shareholders after profit warning

C&C shareholders are pushing for a strategic overhaul of the company following a sequence of earnings downgrades, a profit warning and a massive writedown in the value of its US

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40 New Jobs at Connacht Whiskey Distillery

    40 New Jobs at Connacht Whiskey Distillery

A dream to bring pure pot still Irish whiskey back to the West of Ireland after an absence of over 100 years took its first official step when The Connacht

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New Zealand winery toasts deal with Musgrave to stock Graham Norton wine here

    New Zealand winery toasts deal with Musgrave to stock Graham Norton wine here

Cork retail group Musgrave – the owner of the SuperValu and Centra brands – has signed a deal with New Zealand wine maker Invivo, in which Irish comedian Graham Norton

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Mediterranean diet good for health?

    Mediterranean diet good for health?

Researchers at the APC Microbiome Institute in University College Cork and University of Naples Federico II have shown that a Mediterranean diet rich in fruit and vegetables is linked to

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Tesco’s sales grow for first time in two years

    Tesco’s sales grow for first time in two years

Tesco has seen sales at its Irish supermarkets grow for the first time in more than two years although the increase is modest at best despite back to school shoppers

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‘Disappointing year’ for Aryzta shareholders

    ‘Disappointing year’ for Aryzta shareholders

Swiss-Irish food group Aryzta said on Monday that revenues in the year to July 31st 2015 rose by 12.6 per cent to € 3.8bn. Across Europe, revenues increased 3.8 per

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Aryzta to sell last of stock in agri-services group Origin

    Aryzta to sell last of stock in agri-services group Origin

Aryzta has announced plans to sell its remaining stock in Irish agri-services group Origin Enterprises. The Swiss-based food group said it will sell more than 36 million shares in Origin, representing

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Exchange rate shifts will reduce Diageo profit by £150m

    Exchange rate shifts will reduce Diageo profit by £150m

Adverse exchange rate movements will hit Diageo’s full-year operating profit, the drinks group said, reducing it by up to £150 million (€206 million). That figure was more than previously expected.

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Top 250 Exporters in Ireland and Northern Ireland 2015

    Top 250 Exporters in Ireland and Northern Ireland 2015

Investec & Irish Exporters Association: FDI companies dominate Ireland’s export industry -Investec Sponsored Irish Exporters Association Report shows significant growth in export sales with value of top five exporters increasing

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Powerscourt distillery and visitor centre to create 18 jobs

    Powerscourt distillery and visitor centre to create 18 jobs

Powerscourt distillery will create 18 full-time jobs with a craft distillery and visitor centre at the Powerscourt Estate, in Enniskerry,

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Diageo to unveil Oliver Loomes as new Irish country director

    Diageo to unveil Oliver Loomes as new Irish country director

Diageo is expected to name Oliver Loomes as its new country director of Ireland later this morning in place of

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Total Produce reports sharp rise in profits, revenues

    Total Produce reports sharp rise in profits, revenues

Total Produce, the fruit distributor spun out of Fyffes, has reported a first-half pre-tax profit that was up 11.5 per

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The Reel Rotator from Logitrans lifts and rotates reels of up to 500kg

    The Reel Rotator from Logitrans lifts and rotates reels of up to 500kg

The Danish manufacturer of material handling equipment, Logitrans A/S, now introduces a Reel Rotator! The perfect choice when transporting, lifting

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Over 80 jobs for Drogheda with new distillery and brewery

    Over 80 jobs for Drogheda with new distillery and brewery

More than 80 jobs are to be created in Co Louth with the opening of a new distillery and brewery

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Former Donegal Creameries sees slight revenue decline

    Former Donegal Creameries sees slight revenue decline

Donegal Investment Group has reported revenues which were down €500,000 in the first six months of the year as a

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APC announce 50 new jobs in Cork

    APC announce 50 new jobs in Cork

The company say that the new jobs have arisen largely from its ability to attract new industrial partnerships that were

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Teeling Whiskey signs deal with Vayu Energy

    Teeling Whiskey signs deal with Vayu Energy

The agreement will see Vayu supply Teeling Whiskey with natural gas and 100pc green electricity to meet its energy requirements

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FUJITSU Integrated System PRIMEFLEX Makes Life Even Easier for SAP Customers

    FUJITSU Integrated System PRIMEFLEX Makes Life   Even Easier for SAP Customers

–          Fujitsu continues to extend PRIMEFLEX line-up, the industry’s most-comprehensive Integrated Systems portfolio –          Two new dedicated solutions for SAP®

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Ireland to be fastest growing economy in Europe

    Ireland to be fastest growing economy in Europe

Ibec, the group that represents Irish business, today said that despite disappointing preliminary growth figures for the third quarter, the

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George Clooney and Jean Dujardin Launch New Campaign For Nespresso

    George Clooney and Jean Dujardin Launch New Campaign For Nespresso

George Clooney and his favourite coffee are back – returning in the latest Nespresso advertising campaign. The new footage illustrates

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UK Soft Drink Sales Continue to Buzz, Despite the Sugar Debate

    UK Soft Drink Sales Continue to Buzz, Despite the Sugar Debate

According to Soft Drinks, a new Market Update from market intelligence provider Key Note, the total UK market for soft

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Sustainable Food & Beverage Manufacturing Conference & Exhibition is Major Success

    Sustainable Food & Beverage Manufacturing Conference & Exhibition is Major Success

450 delegates from food and drink businesses across the UK and Ireland attended the inaugural Sustainable Food & Beverage Manufacturing

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