Greencore Group plc
Type Public, (LSEGNC, ISEQ: GNC)
Founded Dublin, Ireland (1991)
Headquarters Dublin, Ireland
Key people Patrick Coveney, CEO, Ned Sullivan Chairman
Products Convenience Foods
Employees 7,500 (2009)

Greencore Group plc (LSEGNC, ISEQ: GNC) is a food company in Ireland.

It was established by the Irish Government in 1991 to take over Irish Sugar, the nationalised sugar production company. 55% of the group was listed on the Irish Stock Exchange that year, over the years additional placements have led to almost 100% of the shares now being in private hands. The exception is that the Irish Government holds a special share certificate (value EUR 1.26) in Irish Sugar Limited in order to prevent the Irish sugar quota being sold without its consent. Other businesses owned by Greencore include various convenience food related interests in the Republic of Ireland. Greencore is quoted on the Irish Stock Exchange and London Stock Exchange. Despite starting out in the sugar industry, Greencore is today the world's largest sandwich manufacturer.

The company was due to merge with Northern Foods in 2011 to form Essenta Foods, to be headquartered in Dublin but listed on the London Stock Exchange.[1] The deal, however, fell through after Northern Foods agreed to be taken over by businessman Ranjit Boparan on 21 January 2011.[2]

On 12 July 2011, Greencore announced it intended to buy Uniq plc.[3]


Irish Sugar Limited

In 2009 Nordzucker acquired the Siúcra brand

Irish Sugar Limited was established in 1926 in Carlow as a private enterprise known as the Irish Sugar Manufacturing Company, Limited. The Sugar Manufacture Act, 1933 was passed to promote self-sufficiency in sugar manufacture, this act was brought on by a crisis in the industry and resulted in the nationalisation of sugar manufacture. After the passing of this act factories were built in Mallow, Thurles and Tuam and the company became Cómhlucht Siúicre Éireann, Teoranta, the Irish for Irish Sugar Company, Limited.

The Thurles and Tuam factories were closed in the early 1980s after a rationalisation became necessary and the company decided to concentrate manufacture at its Carlow and Mallow factories. The Sugar Act, 1991 privatised the entity and it became part of Greencore at that time; this act was passed as Irish Sugar had diversified beyond being a sugar manufacturing company into other food products.

In 2005 Irish Sugar announced that it would close its factory in Carlow, this was carried out on March 11 when the factory closed for the last time and ceased production in Carlow. In March 2006 it was announced that the last remaining Irish Sugar factory would close in Mallow, and this closure occurred on May 12. The reason indicated for these closures has been the reform of European Union policies on sugar which reduced the quotas and subsidies available and therefore making its manufacture unprofitable in Ireland. In October 2009 Nordzucker announced that it had bought Greencore's 50% stake in its joint venture SugarPartners. As part of the deal, Nordzucker acquired the Siucra, McKinney and Castle brands from Irish Sugar Ltd.

On 10 November 2010, the European Court of Auditors found that the closure of the last Greencore sugar plant in Mallow in 2006 may not have been necessary.[4]

See also

  • List of Irish companies


  1. ^
  2. ^
  3. ^
  4. ^

External links

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Northern Foods — plc Type Public (LSE: NFDS) Industry Food Foun …   Wikipedia

  • Dermot Desmond — Born 14 August 1950 (1950 08 14) (age 61) Macroom, Co. Cork Residence UK, Gibraltar, Barbados[1] Net worth …   Wikipedia

  • ISEQ 20 — El ISEQ 20 es el índice bursátil principal de las compañías que cotizan en la bolsa de Irlanda. El índice comprende 20 compañías con el mayor volumen de negociación y capitalización de mercado contenidas en el índice general ISEQ Overall… …   Wikipedia Español

  • Worksop — infobox UK place country = England official name= Worksop latitude= 53.3096 longitude= 1.1227 map type = Nottinghamshire population = 39,072 shire district= Bassetlaw shire county = Nottinghamshire region= East Midlands constituency westminster=… …   Wikipedia

  • State-sponsored bodies of the Republic of Ireland — A State Sponsored Body is the name given in the Republic of Ireland to a state owned enterprise (a government owned corporation), that is to say, a commercial business which is benficially owned, either completely or majority, by the Irish… …   Wikipedia

  • ISEQ 20 — Дата начала расчёта 31 декабря 2004 года Статус Рассчитывается Биржи Ирландская фондовая биржа Базовое значение …   Википедия

  • Ryanair — For the unrelated American passenger airline, see Ryan International Airlines. For the unrelated American cargo only airline, see Ryan Air Services. Ryanair IATA FR …   Wikipedia

  • The Glenlivet — Infobox Scottish Distillery Name = The Glenlivet Distillery Type = Speyside Image size = 250px Caption = The Glenlivet Distillery Location = Moray Owner = Pernod Ricard Founded = 1824 Status = Operational Source = Josie s Well Stills = 4 wash 4… …   Wikipedia

  • Mary Coughlan (politician) — For other people named Mary Coughlan, see Mary Coughlan (disambiguation). Mary Coughlan Tánaiste In office 7 May 2008 – 9 March 2011 Preceded by …   Wikipedia

  • List of companies of Ireland — This is a list of Irish companies or subsidiaries according to their sector. It includes companies from the entire island. The state Ireland covers five sixths of the island, with Northern Ireland, part of the United Kingdom, covering the… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.