Glanbia Nutritionals acquires US premix and ingredient distributor Watson

USA – Glanbia Nutritionals, a nutritional subsidiary of Glanbia Plc has acquired Watson Inc., a US based supplier of nutrient premixes and ingredients for the food industry. For Glanbia, the deal whose transaction remains undisclosed strengthens its capabilities in micro-encapsulation, agglomeration, micronizing, spray drying and edible film technologies. It also cements its leadership in superior premix solutions to achieve optimal nutritional, functional and operational performance in food applications. With the acquisition, Glanbia Nutritionals’ premix production facilities in the US now includes those in California, Missouri, Illinois, and Connecticut. The U.S.…

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Glanbia Ireland and Royal A-Ware plan new US$159m cheese facility in Ireland

IRELAND – Glanbia Ingredients Ireland, global leaders in performance nutrition and the Dutch family business, Royal A-Ware have entered a strategic partnership to build a new global cheese manufacturing facility in Belview, Co Kilkenny, Ireland. According to the company, the facility will attract an investment of US$159.17 million (€140 million) and will produce cheeses in different formats for global markets. Glanbia is Ireland’s largest dairy processor and the investment is part of the continued plan to diversify its product mix. Set to be commissioned in 2022, the world-class facility will…

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Glanbia plc agrees to acquire health and wellness brand SlimFast for US$350m

USA – Glanbia plc, the global nutrition group, has signed an agreement with the owners of KSF Holdings LLP and HNS Intermediate Corporation who collectively own SlimFast and other brands, to acquire such entities for US$350 million. According to Glanbia, it plans to operate SlimFast within its Performance Nutrition segment. SlimFast is a leading weight management and health & wellness brand family distributed primarily in the food, drug, mass and club (FDMC) channel in the US and UK. It is a well-established and growing brand with high levels of brand…

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Glanbia appoints Martin Keane as new group chairman

IRELAND – Glanbia, the global nutrition group, has announced Martin Keane as Group Chairman, to succeed Henry Corbally with immediate effect, among other reshuffles in the company. Patrick Murphy has been appointed to the position of Vice Chairman in place of Martin Keane while John Murphy will continue as a Vice Chairman. “I am very pleased to be appointed to serve as Group Chairman of Glanbia. I will continue to build on the work of all those who have had the vision to make Glanbia the global nutrition group it…

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Glanbia reports strong performance, revenue increase of 9%

IRELAND – Global nutrition group Glanbia has highlighted strong performances from Glanbia Performance Nutrition and Glanbia Nutritionals in its Interim Management Statement for the nine-month period, highlighting a 9% increase in revenues for Glanbia Performance Nutrition and a 4.6% revenue growth for Glanbia Nutritionals. According to NutritionInsight, Glanbia Performance Nutrition delivered what is described by the company as a “satisfactory” performance in the first nine months of the year. “Glanbia delivered a good result in the first nine months of 2017 with wholly owned revenue from continuing operations growing 6.6%…

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