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Weekly Round-Up… 12 March, 2019

Published on Mar 12 2019 10:20 AM

Weekly Round-Up… 12 March, 2019

Just Eat has agreed an exclusive Paddy’s Day partnership with Keogh’s Farm. For a limited time to 20 March, Just Eat customers in Dublin city can enjoy real Irish shamrock on the Just Eat Paddy’s Menu including The Real Paddy (Shamrock and Sour Cream), Paddy’s Favourite and Paddy’s Popped. Edel Kinane, commercial director of Just Eat, Ireland’s leading food ordering and delivery service said; “St Patrick’s Day is a global celebration of Ireland and Irish brands, so Just Eat is thrilled to announce this exclusive partnership with Keogh’s Farm as we continue to extend our cuisine portfolio to meet consumers evolving tastes and lifestyles.”

Total Produce has seen its full-year revenue rise 1.6% in full-year 2018 (if the Dole acquisition is excluded), to €4.35 billion. If the Dole acquisition is included, revenue rose by 17.7% to €5.04 billion. Adjusted EBITDA (excluding Dole) was up 5.7% to €110.4 million. Group chairman, Carl McCann, was pleased to see “continuing good results in a more challenging year”.

With tens of thousands of Irish fans expected at Cheltenham this week Bulmers, the new sponsor of the Cheltenham Gold Cup and The Cheltenham Festival rolled out a very special, 250ft welcome to race-goers flying from Dublin into Bristol Airport. Located directly under the flight path and visible on the final approach into the UK, the vinyl installation, which took three days to complete, welcomes visitors from Ireland to ‘Magners Land’. Bulmers is known as Magners in the UK.

Online takeaway service Just Eat Plc said it was confident it could see off the threat from newer rivals Uber Eats and Deliveroo, with its own delivery service on track to become profitable after investment peaks this year. The company, which took its 500 millionth order in Britain last month on its platform of 30,000 independent takeaways, has expanded into its own home delivery, investing £51 million in its hybrid model in 2018 alone.

Valeo Foods may merge its two UK sweet companies, Big Bear, maker of Fox’s mints, and Tangerine, which makes Refreshers, reports the Sunday Times. The move could reportedly affect in the region of 200 jobs at the Big Bear facility in Leicester.

The U.S. Food and Drug Administration on Tuesday said it approved a Johnson & Johnson nasal spray antidepressant for people resistant to other treatments but placed restrictions on the use of the drug, which it warned could be misused and abused. The approval of nasal spray esketamine marks the first new type of treatment for depression in more than 30 years and has raised hopes for its relatively fast action and ability to treat some otherwise unreachable patients.

Raisio has signed an agreement on a strategic alliance with the Italian company Dr. Schär AG. Dr. Schär is a leading global company in gluten-free foods while Raisio is a forerunner in cholesterol-lowering functional foods and an innovative expert in Finnish oats. The combined expertise of the companies opens new commercial opportunities for both. The long-term framework agreement now signed outlines the essential contents of the strategic alliance. The companies are exploring opportunities for extensive collaboration in product development and manufacturing, among other things.

Procter and Gamble has announced that Cascade, a trusted dishwashing detergent for over 65 years, is launching its newest product offering, Cascade Pure Essentials. With a dependable clean and a simplified formula, Cascade Pure Essentials is free of phosphates and chlorine bleach, but chock-full of the power needed to get dishes, glassware, and silverware sparkling.

The Institute for Global Food Security is to host a doctoral training programme in partnership with Belfast-based international agri-tech company Devenish, offering two PhD studentships in research areas at the cutting edge of agri-food innovation. Centred around the company’s ‘One Health, From Soil to Society’ vision, the Devenish Doctoral Training Programme will allow two students to specialise in a number of fields, from soil and health management, new product development, animal and human nutrition to regulatory affairs, supplemented by a placement within Devenish.

© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition. 

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