Industry & Business

Investment

ApisProtect Receives €1.5 Million Investment Boost

    ApisProtect Receives €1.5 Million Investment Boost

ApisProtect, an Irish agtech innovator using the Internet of Things (IoT) to monitor honey bee colonies, has announced the close of a €1.5 million seed round of financing led by

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Guinness Enterprise Centre Invests €200,000 in CoConnect Initiative

    Guinness Enterprise Centre Invests €200,000 in CoConnect Initiative

Dublin’s Guinness Enterprise Centre (GEC) has invested €200,000 in its innovative new CoConnect initiative. The programme, a home-away-from-home for businesses and their employees, will build connections between the GEC and

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Bausch Health to Expand Contact Lens Manufacturing Facility in Waterford

    Bausch Health to Expand Contact Lens Manufacturing Facility in Waterford

Bausch Health Companies will invest to expand contact lens manufacturing capacity at its Bausch + Lomb sites in Waterford, Ireland and Rochester in the US. The company is adding multiple

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PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland

    PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland

Propertybridges.com, Ireland’s new peer to peer lender to the property development marketplace, has just successfully fulfilled its first loan. Over 100 lenders piled into the 250k loan for a new

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European Investment Fund and Enterprise Ireland Double Business Angels Fund to €40 Million

    European Investment Fund and Enterprise Ireland Double Business Angels Fund to €40 Million

The Department of Business, Enterprise and Innovation, the Government of Ireland, through Enterprise Ireland, and the European Investment Fund (EIF) have signed an agreement to double the size of the

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Kevin Lagan Sets Out Investment Plans Following £455 Million Sale

    Kevin Lagan Sets Out Investment Plans Following £455 Million Sale

Following the landmark sale of his materials business to Breedon plc in April 2018, Kevin Lagan (pictured) has outlined his plans for the targeted and sustainable growth of his retained

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Facebook Expands Investment in Ireland

    Facebook Expands Investment in Ireland

Facebook has announced that it is expanding its investment in Ireland by acquiring a long-term lease of 14 acres for a new campus development in the heart of Ballsbridge in

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ILC Dover to Open New Production Facility in Cork

    ILC Dover to Open New Production Facility in Cork

ILC Dover, a global leader in flexible containment solutions for the pharmaceutical and biopharmaceutical industry, is expanding its Irish production footprint by opening a location in Blarney, County Cork, creating

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HBAN Aims to Raise €10 Million From 50 Female Angels

    HBAN Aims to Raise €10 Million From 50 Female Angels

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, plans to recruit 50 new female

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Dublin Airport North Runway Construction Contract Awarded to Irish-Spanish Consortium

    Dublin Airport North Runway Construction Contract Awarded to Irish-Spanish Consortium

daa has awarded the main construction contract for Dublin Airport’s new North Runway to a joint venture comprising Irish firm Roadbridge and Spanish infrastructure company FCC Construcción (FCC). The contract

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Property Bridges Launches Ireland’s First Peer to Peer Property Loans

    Property Bridges Launches Ireland’s First Peer to Peer Property Loans

PropertyBridges.com – a new Irish owned peer to peer property development company – has opened for business and has launched Ireland’s first peer to peer property development investment opportunity. The

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Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

    Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

Precision Medicine and diagnostics commercialisation service provider, Diaceutics, is investing £2 million in R&D to create a new data platform leveraging data from global clinical laboratories, which will improve the

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Citrix Opens New €6.7 Million Facilities

    Citrix Opens New €6.7 Million Facilities

With €6.7 million of investment, Citrix has officially opened its newly upgraded facility at East Point Business Park, which will be the largest Citrix European centre within EMEA. This revamped

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Engineering Business Camlin to Create Almost 300 Jobs in £28 Million Investment

    Engineering Business Camlin to Create Almost 300 Jobs in £28 Million Investment

Engineering business, Camlin is creating 298 high value jobs as part of a £28 million expansion at its Lisburn headquarters. Camlin develops and supplies innovative engineering solutions, primarily for the

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Ireland’s Nation Brand Booming – Brand Finance Report

    Ireland’s Nation Brand Booming – Brand Finance Report

Ireland’s nation brand continues to be one of the fastest-growing in the world, rising 26% in value year on year to US$538 billion, according to the latest Brand Finance Nation

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MSD Announces New Manufacturing Facility and 170 New Jobs For Carlow

    MSD Announces New Manufacturing Facility and 170 New Jobs For Carlow

MSD, known as Merck in the US and Canada, has announced that it will construct a second manufacturing facility at its existing site in Carlow with the creation of 170

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€100 Million Investment For Four Capital Developments at Trinity College Dublin

    €100 Million Investment For Four Capital Developments at Trinity College Dublin

Teaching, research and student accommodation at Trinity College Dublin will be transformed over the next two years with the backing of a €100 million long-term European Investment Bank (EIB) loan

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Irish Distillers to Invest €150 Million in Sites in Cork and Dublin

    Irish Distillers to Invest €150 Million in Sites in Cork and Dublin

Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for its products as the Irish whiskey renaissance continues apace. This

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CM Precision Components Opens New Purpose-built Factory in Downpatrick

    CM Precision Components Opens New Purpose-built Factory in Downpatrick

Downpatrick-based CM Precision Components Ltd has officially opened its new 16,000 sq ft manufacturing facility at Invest Northern Ireland’s Killough Road Industrial Estate. The advanced engineering firm has invested almost £1

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Arkphire Secures New Investment

    Arkphire Secures New Investment

IT solutions and networking company, Arkphire, has announced that Bregal Milestone, a private capital firm, has completed an investment into the business. The investment by Bregal Milestone comes from their

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Government Investment in Research & Development Amounts to Over €750 Million in 2018

    Government Investment in Research & Development Amounts to Over €750 Million in 2018

The latest figures on Government investment in research and development (R&D), published by the Department of Business, Enterprise and Innovation, show that over €750 million is estimated to have been

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Glanbia to Acquire SlimFast For $350 Million

    Glanbia to Acquire SlimFast For $350 Million

Glanbia, the global nutrition group, has agreed to acquire SlimFast and other brands for $350 million from the owners KSF Holdings LLP and HNS Intermediate Corporation. SlimFast is a leading

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Telecoms Giant Colt to Invest €15 Million in Dublin City

    Telecoms Giant Colt to Invest €15 Million in Dublin City

Colt Technology Services has announced that it will extend its Colt IQ Network in the greater Dublin area with an additional 150km of 100Gbps fibre, as part of a planned €15

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Increased Funding For Business, Enterprise and Innovation

    Increased Funding For Business, Enterprise and Innovation

The Government has announced an increase in funding in Budget 2019 totalling €950.2m (+9.1%) for the Department of Business, Enterprise and Innovation. This

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Schrader Electronics Announces Multi-million Pound R&D Investment

    Schrader Electronics Announces Multi-million Pound R&D Investment

Schrader Electronics is investing over £14 million in Northern Ireland towards researching and developing products that address the increasingly complex engineering

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£30 Million Growth Loan Fund II Launched

    £30 Million Growth Loan Fund II Launched

Growth Loan Fund II, a £30 million fund to support SMEs in Northern Ireland with growth potential, has been launched

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HBAN’s MedTech Syndicate Leads €1.1 Million Investment in Ostoform

    HBAN’s MedTech Syndicate Leads €1.1 Million Investment in Ostoform

 HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of

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Australian Healthcare Software Company Opens EMEA Base in Cork

    Australian Healthcare Software Company Opens EMEA Base in Cork

HealthKit, the global cloud-based healthcare management platform, has opened its EMEA office in Cork. HealthKit has grown to over 28,000

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Clayton Hotel Ballsbridge Unveils New Look After Major Refurbishment

    Clayton Hotel Ballsbridge Unveils New Look After Major Refurbishment

Clayton Hotel Ballsbridge has unveiled the final elements of a major refurbishment that sees the hotel provide an enhanced offering

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Kerry Group Opens First Plant in Moscow

    Kerry Group Opens First Plant in Moscow

Kerry Group, the global taste and nutrition company, has opened its first plant in Russia, in the Istra district of

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Space Technology Business Expanding its Team

    Space Technology Business Expanding its Team

Belfast-based 3DEO NI is creating 33 highly skilled technology jobs over the next four years as it prepares to commercialise

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Global Sports Technology Firm to Create Over 200 New Jobs in Newry

    Global Sports Technology Firm to Create Over 200 New Jobs in Newry

STATSports is planning to create 237 new jobs over the next three years as part of aggressive growth plans to

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McKeever Hotel Group Renovates Dunadry Hotel in Multi-million Pound Investment

    McKeever Hotel Group Renovates Dunadry Hotel in Multi-million Pound Investment

McKeever Hotel Group, one of Northern Ireland’s largest family hotel groups, is undertaking a multi-million pound investment designed to revitalise the

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250 New Jobs Announced by Alchemy in Major Investment in Northern Ireland

    250 New Jobs Announced by Alchemy in Major Investment in Northern Ireland

Alchemy Technology Services has announced it is setting up a European Centre of Excellence in Londonderry. It will provide software

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Global Innovation and Transformation Consultancy Firm Expands Digital Team

    Global Innovation and Transformation Consultancy Firm Expands Digital Team

 PA Consulting, a global innovation and transformation consultancy with over 2,600 specialists worldwide, is continuing to expand and enhance its digital

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Slane Distillery Rolls Out First Barrel

    Slane Distillery Rolls Out First Barrel

Slane Distillery, the recently-opened whiskey distillery located on the historic grounds of Slane Castle in the Boyne Valley, has celebrated

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Maxol Opens Ninth Freshly Chopped

    Maxol Opens Ninth Freshly Chopped

Maxol, Ireland’s leading family owned forecourt and convenience retailer, continues its successful partnership with the award-winning food franchise Freshly Chopped,

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CRH Delivers Solid First Half Performance

    CRH Delivers Solid First Half Performance

Impacted by severe and prolonged winter weather conditions early in the year, CRH plc has reported sales of €11.9 billion

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€48 Million Investment Programme at Aurivo

    €48 Million Investment Programme at Aurivo

As a key component of its Engage 2022 strategic growth plan, Aurivo, the agri business headquartered in the north-west of

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Top 25 Law Firm Fieldfisher Expands into Northern Ireland

    Top 25 Law Firm Fieldfisher Expands into Northern Ireland

European law firm Fieldfisher is expanding into Northern Ireland creating 125 new legal and business support jobs. The new office will

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Valeo Foods Acquires Tangerine Confectionery For £100 Million

    Valeo Foods Acquires Tangerine Confectionery For £100 Million

Valeo Foods Group, the acquisitive Irish and international food business, is reported to have purchased Tangerine Confectionery of the UK

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Diageo Invests $90 Million to Open New Guinness Brewery in the US

    Diageo Invests $90 Million to Open New Guinness Brewery in the US

Diageo has opened the new home of Guinness in America – the Open Gate Brewery & Barrel House in Maryland.

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HBAN Angels Receive a 10 Times Return on Phorest Investment

    HBAN Angels Receive a 10 Times Return on Phorest Investment

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of

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Total Produce Completes $300 Million Dole Investment

    Total Produce Completes $300 Million Dole Investment

Dublin-based Total Produce, Europe’s leading fresh produce company, has completed the acquisition of a 45% equity stake in Dole Food

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London-based Financial Services and IT Consultancy Chooses Belfast For New Development Centre

    London-based Financial Services and IT Consultancy Chooses Belfast For New Development Centre

McGinnis Consulting will be opening a new development centre in Belfast with the creation of 10 new jobs. McGinnis Consulting,

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Crust & Crumb to Build New State-of-the-art Factory in Cavan

    Crust & Crumb to Build New State-of-the-art Factory in Cavan

Crust & Crumb, the manufacturers of chilled pizzas, pizza bases and flat breads, has announced plans to build a new,

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Dublin’s First Major Cost Rental Development

    Dublin’s First Major Cost Rental Development

A Dublin City Council-owned site at Emmet Road in Inchicore, has been selected as the location for Dublin’s first major

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M&A Deals Amongst the World’s Largest Consumer Goods Businesses Reached a 15-year High in 2017

    M&A Deals Amongst the World’s Largest Consumer Goods Businesses Reached a 15-year High in 2017

The number of mergers and acquisition deals among the top 50 consumer goods giants reached a 15-year high in 2017

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Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility

    Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility

Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese

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Grand Canal Innovation District Planned For Dublin

    Grand Canal Innovation District Planned For Dublin

A far-reaching plan for the creation of the Grand Canal Innovation District in Dublin has been launched. The proposal from

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HBAN Scoops Major European Business Angel Network Award

    HBAN Scoops Major European Business Angel Network Award

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of

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BD Opens New State-of-the-art R&D Facility in Limerick

    BD Opens New State-of-the-art R&D Facility in Limerick

BD, a leading global medical technology company, is to create 85 new jobs for the Limerick region. The announcement was

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Neueda Technologies Establishing a Software Engineering Hub in Athlone

    Neueda Technologies Establishing a Software Engineering Hub in Athlone

Neueda Technologies, a privately-owned IT Training, development and consulting services company headquartered in Belfast, is establishing a Software Engineering Hub

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Fexco to Create 175 New Jobs in Ireland’s South West

    Fexco to Create 175 New Jobs in Ireland’s South West

Irish-international fintech company, Fexco has announced a significant expansion of its operations headquartered in Killorglin, Co Kerry creating 175 new

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Digitalisation of Irish SMEs and National Research Investment to Benefit From European Best-practice

    Digitalisation of Irish SMEs and National Research Investment to Benefit From European Best-practice

Crucial future investment to improve Ireland’s competitiveness will be strengthened by assessment of international best-practice in two key policy areas.

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First Phase of the Regeneration of O’Devaney Gardens Gets Underway in Dublin

    First Phase of the Regeneration of O’Devaney Gardens Gets Underway in Dublin

Eoghan Murphy TD, Minister for Housing, Planning & Local Government; Paschal Donohoe TD, Minister for Finance, Public Expenditure & Reform;

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Public Consultation For Ireland’s Space Strategy For Enterprise

    Public Consultation For Ireland’s Space Strategy For Enterprise

Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, has published a consultation document for Ireland’s

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Paradyn to Invest €4 Million in More Acquisitions and Creating 40 New Jobs

    Paradyn to Invest €4 Million in More Acquisitions and Creating 40 New Jobs

Paradyn, Ireland’s only end-to-end IT and communications service provider, plans to double its workforce from 40 to 80 employees by

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