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  • 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 new €400 million pan-European fund dedicated to investing in high-growth European companies. Typical commitments from Bregal Milestone range from €20 million to €60 million. Arkphire provides [...]...
  • 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 invested in R&D in 2018. The data in The Research and Development Budget 2017-2018 publication is compiled from a comprehensive survey of thirty Government Departments [...]...
  • Smart Dublin in Partnership With Enterprise Ireland Award 21 New Innovation Contracts Approximately €700,000 is to be awarded to companies under Enterprise Ireland’s Small Business Innovation Research (SBIR) initiative which will enable them explore innovative solutions to address challenges faced by Local Authorities. 21 companies have been awarded Phase One funding to progress the feasibility of their solutions. Phase One funding will allow each recipient to carry [...]...
  • Tourism Industry Barometer Reflects Buoyant Year But Hints at Brexit Concerns Tourism performance throughout 2018 continues to be on a strong footing, according to the latest Fáilte Ireland Tourism Barometer. The survey of more than 500 tourism businesses around the country shows over half of the tourism industry is reporting their business to be up, with two thirds (64%) saying that tourism agency supports have been [...]...
  • 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 weight management and health & wellness brand family distributed primarily in the food, drug, mass and club (FDMC) channel in the US and UK. It [...]...

Paragon Processing Solutions Returns to Foodex in 2014

  Paragon Processing Solutions Returns to Foodex in 2014

Paragon Processing Solutions supply and maintain quality custom made processing equipment to the food industry from the following well known and respected manufacturers who will be exhibiting on Stand L353 in Hall 20 at Foodex this year.
Magurit; Talk to Andreas Hager, MD of Magurit, about frozen block reduction systems.  Cutting, slicing and dicing machines for […]

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New Nespresso System a ‘Game Changer’

  New Nespresso System a ‘Game Changer’

Nespresso is launching a new large-cup coffee system in the US and Canada, aiming to secure a major segment of a market worth some $5 billion each year in the US alone. The new VertuoLine system, the result of almost a decade of research, has been designed to meet the tastes and preferences of the […]

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Global Growth Drives Strong Sales and Profit Performance at Arla Foods

  Global Growth Drives Strong Sales and Profit Performance at Arla Foods

Scandinavian dairy co-operative Arla Foods has reported its highest Performance Price ever in its history and an improved balance sheet for 2013. Following the mergers in 2012, Arla’s global business benefited from a strong base in its core markets in Europe in 2013 as well as a continued significant increase in sales within its growth […]

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BrewDog and Honest Burgers launch the BrewBurger

UK craft brewery Brewdog have teamed up with Honest Burgers to produce the world’s first commercially available alcoholic burger.
Unveiled by BrewDog Co-Founder James Watt and Honest Burgers Co-founder Tom Barton, the limited edition BrewBurger is a 150g aged beef patty with Comté cheese and bacon candied with BrewDog’s iconic amber ale, 5AM Saint.
The BrewBurger is […]

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Food Group Danone Eyes Sales Acceleration in 2014

French food group Danone said sales growth would accelerate this year as a recovery in European dairy gathers momentum and as it seeks to rebuild demand eroded by an Asian recall of high-margin infant formula products.
The world’s largest yoghurt maker predicted that its 2014 operating margin would be stable within a range of 20 basis […]

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Mondelez International Details Long-Term Growth Targets and Margin-Improvement Plans

  Mondelez International Details Long-Term Growth Targets and Margin-Improvement Plans

At a recent Consumer Analyst Group of New York (CAGNY) conference, executives of Mondelez International highlighted the company’s competitive advantages, long-term growth targets and margin-improvement initiatives.
“With an unrivaled portfolio of iconic brands, leading share positions in all of our key categories and an advantaged geographic footprint, we have the best set of assets in our […]

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Coca-Cola Achieves 2% Global Volume Growth For 2013

  Coca-Cola Achieves 2% Global Volume Growth For 2013

The Coca-Cola Company has reported worldwide volume growth of 2% for the full year and global value share gains in non-alcoholic ready-to-drink beverages with volume and value share gains in core sparkling and still beverages for the full year. Reported net revenues declined 2% to $46.85 billion for the full year and 4% for the […]

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Esterform Enabling Lighter Weight Options for Singletons

  Esterform Enabling Lighter Weight Options for Singletons

According to national UK Statistics, the numbers of single person households are increasing dramatically in Western Europe – and there is growing demand from elderly consumers and students for consumer packaging that is lighter in weight and easy to carry.*
PET converter Esterform Packaging is helping a number of retailers and brand owners with beverage and […]

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New Show Features at Packaging Innovations

  New Show Features at Packaging Innovations

More than just an exhibition. Packaging Innovations returns to Birmingham’s NEC on 26 & 27 February 2014, with more show content than ever before. Five new interactive features, invaluable advice, content rich seminars and interactive packaging and print debates, makes Packaging Innovations a must attend event.
Brand new for 2014:
The Ecopack Challenge, sponsored by Marks and […]

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PA Unveils SkinPAC – A Revolutionary New Pack Format – at Foodex 2014

  PA Unveils SkinPAC – A Revolutionary New Pack Format – at Foodex 2014

At Foodex 2014, Packaging Automation will be launching SkinPAC the revolutionary new pack format for enhanced presentation, preservation and protection of fresh products such as meat and fish. The SkinPAC system of sealing uses a highly transparent barrier film that wraps tightly around the product like a second skin and forms a seal with the […]

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Ardagh Glass Expecting Bids for Beer Bottle Unit

Ardagh Glass is expecting to receive bids for its Budweiser beer bottle-making unit this week in a deal that would allay antitrust concerns about the group’s proposed expansion in the US, according to people familiar with the matter.
Ardagh has been working with Citigroup to sell the majority of its US bottle-to-jam jar division Anchor Glass, […]

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WD Meats Moves into Singapore

  WD Meats Moves into Singapore

Meat processor WD Meats has won approval to supply premium steak products to Singapore. WD Meats is the first Northern Ireland-based meat company to secure approval from animal health authorities in Singapore to supply products for retail and foodservice operations there.
Winning approval to supply premium meats to this important Asian marketplace is an important development […]

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“Taste of Brazil” – Döhler Ingredient Portfolio Opens Up Innovative Food and Beverages

Brazil represents pure vitality, pulsating rhythms, summer and sunshine! The sporting highlights coming up in the next few years, such as the Football World Cup in 2014 and the Olympic Games in 2016, are also attracting international attention to the wide range of exotic and fruity taste sensations this exciting country has to offer. Döhler […]

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Arla Foods Utilises Westbury to Support Global Business Requirements

  Arla Foods Utilises Westbury to Support Global Business Requirements

Arla Foods UK is supporting the business requirements of the Arla Foods amba co-operative by processing German concentrated skimmed milk at Westbury, for up to a three-month period. The decision to transfer production follows a recent fire at one of the global business’s powder drying facilities in Pronsfeld, Germany.
The resulting skimmed milk powder will be […]

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Northern Ireland Food Companies Meet Export Challenge in Spain

  Northern Ireland Food Companies Meet Export Challenge in Spain

Local Irish food companies are being assisted by Invest Northern Ireland to pitch for export business at Alimentaria 2014 in Barcelona, one of the industry’s world’s leading trade shows. The Northern Ireland Naturally presentation, organised by Invest NI, at the three-day exhibition will feature food from eight local companies keen to expand sales in Spain […]

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T-Systems Signs Major Deal With SABMiller

  T-Systems Signs Major Deal With SABMiller

As part of a strategic review of its global infrastructure, SABMiller has awarded T-Systems the contract to provide its global backbone and European network. New network capabilities to be introduced by T-Systems will increase the volume of traffic that is supported on available bandwidth while reducing total cost of ownership.
“At SABMiller we are globally integrating […]

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Denny Bros Introduces Wraptac – The New Print Your Own Multi-page Label

  Denny Bros Introduces Wraptac – The New Print Your Own Multi-page Label

With much more space than a conventional label and suitable for most container types, Wraptac from Denny Bros Ltd lets you print as many or as few labels as you need!
The space comes from one of Wraptac’s core features – it is several times longer than the original label you might be using but wraps […]

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No Lessons Learnt From Horsemeat?

A number of recent news stories have highlighted ongoing issues with food mislabelling and fraud. Recent testing commissioned by West Yorkshire Councils highlighted an alarming number of instances of mislabelled food products, and this week has seen further reports of more than 1200 tonnes of fake food seized as part of an Interpol-Europol investigation.
The Europol […]

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Strong Progress By Bakkavor

  Strong Progress By Bakkavor

Bakkavor has once again outperformed the UK fresh prepared food market with revenue growth of 4% to £1.649 billion for 2013. Adjusted EBITDA improved by 1% to £111.6 million, however, EBITDA margin slipped from7.0% to 6.8%.
The food group’s margin was impacted by raw material inflation, although partly offset by the efficiencies generated from further growth […]

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Disappointing First Year Results at Mondelez International

  Disappointing First Year Results at Mondelez International

Mondelez International has reported its first annual financial results since being separated from Kraft Foods’ North American grocery business in October 2012. The global snacking and beverages group increased net revenue by 0.8% to $35.3 billion and operating income by 9.2% to $4.0 billion in 2013, while operating income margin was 11.2%. Organic net revenues […]

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Kellogg Announces Global Commitment to Fully Traceable Sourcing Of Palm Oil

  Kellogg Announces Global Commitment to Fully Traceable Sourcing Of Palm Oil

Kellogg Company has announced a global commitment to work with palm oil suppliers to source fully traceable palm oil, produced in a manner that is environmentally responsible, socially beneficial, and economically viable. To do so, Kellogg is working through its supply chain – from suppliers to processors to growers – to ensure that the palm […]

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PepsiCo Achieves 2013 Financial Targets

  PepsiCo Achieves 2013 Financial Targets

PepsiCo has reported a 1.4% increase in net revenue to $66.4 billion and a 9.2% improvement in net income to $6.8 billion for 2013. Organic revenue grew 4% primarily reflecting effective net pricing. Structural changes, principally the refranchising of certain beverage operations, negatively impacted reported net revenue performance by 1 percentage point and foreign exchange […]

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Latest Product Innovations From ASPEN at Foodex 2014

  Latest Product Innovations From ASPEN at Foodex 2014

In specialist food processing environments practicality is as important as maintaining the necessary hygienic conditions. Inappropriate working conditions directly affect the daily operations in food and drink processing, which develops health and safety problems that can stop operations in their tracks and lead to processing delays.
Recently, ASPEN by Canal Engineering Ltd has been working with […]

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New Hygienic Rooms For Fresh Food Processing

  New Hygienic Rooms For Fresh Food Processing

When maintaining a hygienic environment there are many elements to be considered by a contractor before any construction can begin. One of the main elements in the food processing industry is the flooring. Having an inappropriate flooring installed in a processing room that is in use and cleaned down on a daily basis can lead […]

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Taste Ireland Sign Distribution Deal With Australian Retail Giant Coles

Irish entrepreneur Eamon Eastwood has secured a major coup for his Taste Ireland business, signing a deal with Autralian retail giant Coles to stock Irish products in 600 stores.
Coles supermarkets will have a new dedicated Irish section selling Tayto crisps, Barry’s Tea, Club Orange and other favourites.
The contract will represent retail turnover of more than […]

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Food Safety and UV-Cured Printing Inks : RadTech Europe is a Key Information Provider for Brand Owners and Retailers

There is much to be said in favour of radiation-curing inks, as world-leading manufacturers of packaging print equipment – and their users — have already discovered. Because UV inks and their EB equivalents cure faster, work throughput is much faster than with traditional print drying tunnels. Just as importantly, UV inks deliver high-quality, crisp, graphics […]

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Weidenhammer Deal for A&R Carton Lund and Flextrus is Called Off

A planned acquisition deal between AR Packaging Group and Weidenhammer Packaging Group has been called off.
In November 2013, the Weidenhammer Packaging Group (WPG) and the AR Packaging Group (AR) agreed in a joint Letter of Intent that WPG would purchase the two businesses A&R Carton Lund and Flextrus.
The AR Packaging Group recently informed WPG that, […]

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Business Angel Food Syndicate Invests €700k in Elivar

Sports nutrition company Elivar has raised €700,000 from multiple sources, including the HBAN Food Syndicate, Enterprise Ireland and other private investors.
Elivar develops a range of sports nutrition products, specifically formulated and tailored for the over-35 age group.
On the back of this investment, Elivar will create 10 new jobs by the end of 2014. The positions […]

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Puratos Introduces Topfil, Fruit Fillings with Wild Berries

With the new Topfil range of fruit fillings, Puratos introduces the superior taste of wild berries to its bakery, patisserie and chocolate customers. The Topfil range includes up to 60% of wild fruit sourced directly from the Baltic forests.
Consumer tests have shown that consumers are more willing to purchase products that contain wild berries rather […]

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Heineken Increases Irish Market Share

  Heineken Increases Irish Market Share

Despite a decline in the overall Irish beer market during 2013, Heineken Ireland has made market share gains and continues to extend its leadership of the lager segment. Covering both the Republic of Ireland and Northern Ireland, Heineken Ireland employs 544 people and maintained its revenue at €477 million in 2013, driven by robust company […]

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