Valeo set for fresh fundraising, Fitch says
Irish food company which owns brands including Kelkin and Odlums is set to raise €30m in fresh equity investment in 2025, according to US-based ratings firm
Valeo Foods
Valeo revenue rises 11%
Food company’s operating profit fell by 57 per cent to €31.13 million in the 12 months to the end of March this year
S&P downgrades Valeo Foods’ credit rating
Higher costs to squeeze Jacob’s biscuits-owner’s margins amid rampant inflation
So what sectors had the most M&A activity?
‘One of the reasons we have been seeing a lot of M&A is the psychology of a typical entrepreneur’
A ‘banner year’ for M&A activity across Ireland
Sales included CPL Resources, Valeo Foods, Panda Group and United Drug
The US factor driving valuations to record levels in Irish M&A market
US presence has grown over the years as their financial firepower makes impact
Valeo Foods revenues top €1bn but impairment charges put it into the red
Company recorded a €102.7m pretax loss prior to its sale to Bain Capital
Wall of private equity cash drives near €20bn Irish M&A frenzy
Capital for deals keeps ‘sloshing in’ to private equity funds, says William Fry partner
Valeo Foods buys British jerked meat maker
Irish group makes its 19th acquisition, weeks away from its own €1.7bn sale to Bain Capital
Valeo to borrow €1.2bn to fund buyout of business from Capvest - reports
Valeo owns Jacob’s Biscuits, Batchelors and Odlums flour, along with other products well known to Irish shoppers
Louth distillery owner raffles 5% stake in her €1.7m gin business
Listoke Distillery raises cash for shares using UK-based online raffle service
Will owner of Jacob’s and Batchelors venture into US after €1.7bn takeover?
Agenda: Bain Capital’s purchase of Valeo nets it 85 household brands across 106 markets
Good day for bean counters as Batchelors maker sold for over €1.7bn
US private equity group Bain buys Irish firm Valeo which also makes Jacobs products
Jacobs and Batchelors owner Valeo circled by three private-equity firms
PAI Partners, Cinven and Bain Capital are given until end of May to submit final bids
Valeo strikes deal for German maker of marzipan sweets
Acquisition of Schluckwerder is Irish group’s 18th buyout in 10 years
Revenues at Valeo Foods near €1bn as it gears up for sales spurt due to Covid
Dublin-based group sees ‘positive’ impact on sales of pasta, flour and canned goods as consumers splurge on groceries and bake at home
Valeo Foods gobbles up UK tortilla-maker
Deal for It’s All Good is the Irish group’s 17th acquisition since 2010
Valeo extends debt package totalling €860m, adding €35m credit facility
Dublin-headquartered group recently surpassed the €1bn turnover threshold
Irish food industry will survive if not triumph in wake of Covid-19
Premium quality products can seize great opportunity to extend global footprint
CapVest bulks up its protein business with Tipperary meat firm acquisition
M&M Walshe will join the London private equity firm’s Eight Fifty Food Group
Irish food group Valeo on track to breach €1bn sales mark
Valeo recently acquired crisp maker Kettle Foods and Christmas pudding producer Matthew Walker
Valeo Foods to pay €75m for UK’s biggest Christmas pudding maker
Dublin-based company recently bought Kettle crisps British operation
Another tasty food deal for Valeo
Cantillon: After purchase of Kettle crisps, will Valeo Foods itself become focus of an offer?
Valeo closing in on €1bn sales barrier after agreeing €73m deal for Kettle crisps
Acquisition is the 12th in the nine years since it was founded
Dublin-based Valeo Foods in talks to buy UK snack brands for €54m
Irish food group in exclusive talks with Campbell Soup to buy UK and Ireland arm of company behind Metcalfe popcorn
CapVest acquires seafood company to create enlarged UK food group
Private equity company buys Young’s Seafood for second time
Irish businessman Alex Findlater dies following riding accident in India
Findlater was last of family to lead the wine merchants and retailing business founded in 1823
Valeo accounts show food group’s €1bn assets
First set of publicly-filed accounts value group’s assets at end of March at €998 million
Sweet deal: Valeo Foods pays £100m for maker of Dip Dabs
Move brings the annual turnover of Dublin-based up to €870m
CPL ‘took immediate action’ to address issues in Facebook documentary
Recruitment company provides staff and services to Facebook for content moderation
French company Infravia to buy Mater Private
Deal with Harbourvest is thought to value hospital group at about €500m
‘I grew up never doubting that a woman could grow a business’
For food entrepreneur Alison Cowzer, family support and an MBA gave her the confidence to build her company. Now she uses her experience and expertise to mentor others
Sale of Batchelors brands has not gone beyond ‘exploratory stage’
Media reports link acquisition of Cup a Soup maker with Japanese noodle brand Nissin Foods
Odlums owner spends €100m on Finnish confectionery business
Valeo Foods taking control of brands including Fox’s Glacier Mints and XXX Mints
Irish nursing home group acquired for estimated €33m
Beechfield Care has been acquired by the German-based IMMAC Group
Friends First spends €33m on investments in Dublin and Galway
US firm buys D12 warehouse facility for €25m and Galway office building for €8.1m
O’Dea fears call for €5 social welfare increase will not be fully met in Budget 2018
Seen & Heard: Amazon on Irish IT policy failures, Uber’s grant aid and the national broadband strategy
CapVest to buy UK pork group Karro for €209m
Karro employs 800 in Cookstown, Co Tyrone, and owns butchery in Castleblayney
Aryzta’s European bakeries chief latest top executive to quit
Hilliard Lombard and Patrick Coveney among those mentioned as candidates to replace Owen Killian
Millionaire start-up owners must be crackers to do it all again
Caveat: Michael Carey’s start-up East Coast Bakehouse is expected to break even by Autumn
Pricewatch readers: Data debacle has Three customer wondering what she agreed to
‘I was told that as I placed the order over the phone, I would not be sent a contract’
Hilliard Lombard appointed MD of Valeo’s Irish operations
Ex-head of Aryzta’s European business believed to have started role in recent weeks
Origin Enterprises revenue, profit drops in first-half
Agri-services group reports a pretax loss of €4m, versus €7.6m a year earlier
Very few women at senior executive levels in retail sector
Less than 15% of the most senior executives in Europe are women, survey finds
Funding entrepreneurs should be priority for government
Those who have made a significant capital gain should be encouraged to reinvest
Lioncourt acquires English-language school ECM College
Deal marks group’s first foray into the sector and coincides with regulatory changes
Origin numbers buoyed by favourable currency swing
Agri-services group saw operating profit remain largely flat for the year to July
Origin sells Valeo stake, acquires two Romanian firms
Agri-services group disposes of stake in Valeo Foods in €86m deal
Smart cookie Carey moves back into the biscuit business
Ex-Jacob Fruitfield man is entering a market worth €3.3 million a week in Ireland alone
Biscuit jobs can cease as well as be created
East Coast Bakehouse to create 100 jobs at its Drogheda factory
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