IRELAND - Dairygold, Ireland’s cooperative that produces premium cheeses & dairy nutritionals has reported an improved operating profit of US$39.92million from US$21.56 million in 2016, which amounts to a change of 85% generated from a turnover of US$1.18m (up 28% on prior year). A higher turnover was contributed by continued milk production expansion on milk…
IRELAND - Kerry Group, an Irish food and nutrition company has acquired Spanish food firm Hasenosa, a Spain company which produces specialty flours, batters and tempuras for an undisclosed sum. The company, whose brands include Charleville, Denny and Cheesestrings, said the acquisition would complement its globally-focused taste and nutrition business. The Galicia-based firm is a…
SOUTH AFRICA - South Africa’s sugar tax billed as a new health-promotion levy has started operation, requiring consumers to pay 2.1 cents per gram of added sugar or other sweetening matter that exceeds four grams per 100ml. On the other hand, sugar-sweetened drinks of which the sugar content is not disclosed on the packaging would…
UK - The UK and Ireland governments’ separate proposed sugar tax policy on soda and fizzy drinks is set to be effected April, termed as the Soft Drinks Industry Levy in the UK. According to the two governments, a number of products that will be exempted from the tax include dairy drinks with at least…
UK - Aldi, the supermarket and grocery retail chain in the UK and Ireland have pledged to reduce its food waste by 50% by 2030 amidst intensifying global challenge to address food waste. Aldi will work in collaboration with Waste and Resources Action Programme who will further seek the effort of suppliers and third party…
IRELAND - The Irish dairy industry has decided to embark on industrial activities to ensure low carbon emissions in the future, according to a report produced by the Irish Co-operative Organization Society (ICOS). The report named "Positive Steps Towards a Low Carbon Future for the Irish Dairy Sector", was compiled by a Working Group established…
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…
IRELAND - Carbery Group has announced the appointment of Jason Hawkins as the new Chief Executive and a Director of the company, and is set to take over from Dan MacSweeney when he retires after 25 years as CEO at the end of December 2017. Hawkins joins the Irish food ingredients, flavours and cheese company…
SOUTH AFRICA – Spar has acquired 80% of the BWG Group, a major food and retail company operating in Ireland and southwest England, buying up a portfolio of large-format supermarkets, forecourt shops and neighbourhood convenience stores.
SOUTH AFRICA – Spar has acquired 80% of the BWG Group, a major food and retail company operating in Ireland and southwest England, buying up a portfolio of large-format supermarkets, forecourt shops and neighbourhood convenience stores.
