UK investment bank Peel Hunt suggests food inflation could near 4% by the end of 2025 as supermarkets react to cost pressures arising from Labour’s budget in October.
Irish bakery businesses Pat the Baker and Irish Pride are to come under new ownership in the shape of London investment firm Mayfair Equity Partners.
Nordic food group Geia Food has expanded its presence into the UK market through the acquisition of Lupa Foods, a Mediterranean food importer.
Ireland's food, drink, and horticulture exports reached a record €17bn ($17.5bn) in 2024, marking a 5% increase from the previous year.
Pork heavyweight Danish Crown has decided to stop selling retail-packed fresh meat in Germany as part of efforts to “improve profitability”.