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Lidl Ireland Announces €1bn Investment Into Irish Agri-food Industry In 2022

Lidl Ireland has announced that a total of €1 billion was invested in the Irish agri-food industry by the retailer in 2022.

Released today, the retailer’s latest Supplier Impact Report outlines that of that €1 billion, €682 million stayed within Lidl Ireland’s operations to be sold locally to the retailers’ Irish customers and €318 million was exported internationally through Lidl’s expansive network of stores showcasing the best of Irish produce on the global stage.

Launching the new report findings, J.P. Scally, CEO, Lidl Ireland and Northern Ireland, said, "This record investment is a huge driver of economic growth, and this report demonstrates just how important supplier relationships are not only to the ongoing success of our business, but to the 400+ local producers that we work with and their employees across the country."

Suppliers 

From a €20 million deal with Bantry-based Keohane Seafoods to a €15 million contract with Dublin Meat Company, and a €8 million deal secured with Donegal juice and smoothie producer Mulrines, suppliers the length and breadth of Ireland have benefitted from Lidl’s support in 2022.

Read More: Lidl Ireland Announces €11m Deal With Fit Foods Supplier

The discounter noted that many of these deals included significant exports with Keohane’s fresh and frozen Irish seafood reaching the shores of Great Britain, Germany, Cyprus, Italy and even the USA.

Read More: Keohane Seafoods Signs New €20m Deal With Lidl

Meanwhile Tipperary’s Honeyvale Foods now supply Irish ham and bacon products to hundreds of Lidl stores in Denmark, Greece, Portugal, Slovenia and Poland.

Read More: Lidl Signs New €17m Deal With Tipperary Supplier Honeyvale Foods

Kickstart Supplier Development Programme

At a micro-level, Lidl’s Kickstart Supplier Development Programme supported by Bord Bia, is designed to give small and medium-sized Irish food and drink businesses the opportunity to advance their product, brand, and business with dedicated support from Lidl experts along the way.

Now in its seventh year, Lidl has invested more than €7 million in the Kickstart programme to date, which has empowered hundreds of unique Irish artisan suppliers to showcase their produce to the retailer’s devoted customer base of more than 1.5 million shoppers each week.

Commenting on the Lidl Ireland Supplier Impact Report, Jim O’Toole, CEO, Bord Bia, said, “Over the past 20 years, Lidl has demonstrated a strong commitment to sourcing Irish produce, giving a wide range of Irish food, drink and horticulture producers access to a large customer base in Ireland as well as export opportunities.

"2022 saw record export growth for the Irish agri-food sector, and strong partnerships with retailers, such as Lidl, are a key factor of that growth. Bord Bia is committed to continuing our work with Lidl as a partner to ensure this support and growth continues year on year.”

© 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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