Global nutrition group Glanbia has confirmed plans to acquire well-known weight-loss and health brand Slim Fast and its associated trademarks in a €350m deal. Glanbia says it intends to continue to operate SlimFast as part of its Performance Nutrition segment. Glanbia plc has signed an agreement with the owners SlimFast and its associated brands, to [...]
Coca-Cola is to buy the Costa coffee chain from owner Whitbread in a deal worth £3.9bn. Whitbread had intended to spin off the chain as a separate firm, but said a straight sale was more profitable. Chief executive Alison Brittain said Whitbread would now focus on its Premier Inn business in the UK and Germany. [...]
Irish Distillers, which owns the Jameson Whiskey brand, released full-year financial results this morning. It said Jameson sales rose by 14% in value and 12% in volume terms in the 12 months to June, with the whiskey now in double or triple-digit growth in more than 80 markets across the world. Chairman and Chief Executive [...]
Some of the country's 100 microbreweries could be forced to shut down and lay off employees next week due to a shortage of CO2 gas which is essential to beer production. Patricia Callan of the Alcohol Beverage Federation of Ireland said a Europe-wide shortage of food grade CO2 is now beginning to hit Ireland and it [...]