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Aldi Invested €1.1bn With Irish Food And Drink Suppliers In 2022

By Donna Ahern
Aldi Invested €1.1bn With Irish Food And Drink Suppliers In 2022

Aldi sourced €1.1 billion of locally produced food and drink from Irish suppliers in 2022, according to its latest Economic Impact Report.

In total, Aldi partnered with over 330 Irish producers throughout the year, including long-term relationships with Twomey’s Bakery, ABP Cahir and Mulrines of Donegal.

The retailer announced significant new deals with suppliers, including a €9 million contract with Wicklow-based NutriQuick, a deal worth €10 million with Sorrento Pizza from Dublin, and a €100 million deal with Kilkenny based potato producers Iverk Produce.

Last year, Aldi began working with 15 new suppliers for the first time, including Sibly Foods and Builín Blasta, opening opportunities for Irish companies to stock their local produce on the shelves of one of Ireland’s leading retailers.

A €7.5 million deal with Dublin-based confectioners Broderick’s gave the company the opportunity to stock their goods in 300 of ALDI’s 2,200-strong US store network for the first time.

‘Grow with Aldi’

The report indicated that the retailer has invested over €8 million in its ‘Grow with Aldi’ programme to date, which has been running since 2018 and offers Irish small and medium sized businesses the chance to develop their brand.

Read More: Aldi Invites Local Suppliers To Apply For 'Grow with ALDI' Programme 2023

Previous winners include Velo Coffee and Cookie Dó who now supply Aldi’s network of stores across Ireland.

In recognition of its dedication to its supplier network, Aldi was voted ‘Ireland’s Best Supporter of Local Suppliers’ at the Checkout National Grocery Retail Awards 2022 for the second consecutive year.

Commenting Niall O’Connor, group managing director, Aldi Ireland, said, “Our national Economic Impact Report highlights the continuing positive impact our stores are having, not only in Ireland as a whole, but also across the communities that we operate in.

"We take great pride in working together with our local suppliers to bring quality, affordable products to our customers."

© 2023 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. For more retail news, click here. Click subscribe to sign up for the Checkout print edition.

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