Valeo Foods

Valeo Foods is an Irish multinational producer of branded food and beverage products. The company has a portfolio of over 50 international food brands which are sold across 90 countries globally, including Rowse Honey, Odlums, Batchelors, Jacob's, Balconi, and Kelkin. The business combines food production, brand development, distribution and sales.

Valeo Foods
TypePrivate
IndustryFood production, Food service
Founded2010
HeadquartersDublin, Ireland
Area served
90 countries globally
Key people
Seamus Kearney (CEO)
Joe Walsh (COO)
Brendan Feeney (CFO)
ProductsBiscuits, Healthy snacking, Savoury snacking, Home baking , Fruit preserves, Canned vegetables, Canned fish, Culinary ingredients, Condiments, Stocks, Meal ingredients, Mediterranean foods, Juice, Confectionery, Professional food ingredients, Out of home food and beverage solutions
OwnerCapVest Limited & Origin Enterprises Plc[1]
Number of employees
4000
Websitewww.valeofoods.com

History

Valeo Foods was established in September 2010 through the merger of Batchelors, a manufacturer and retail category partner[2] of a number of Ireland’s best known food and drink brands, and Origin Foods, the food division of Irish-based Origin Enterprises Plc.[3]

In August 2011, the company acquired Jacob Fruitfield, a producer of biscuits, sauces and preserves, creating Ireland’s largest ambient food (Shelf-stable food) supplier to the grocery trade and a supplier to the UK market.[4] In March 2014, Valeo Foods added Rowse Honey, the largest producer of honey and the category leader in the UK, to its brands.[5]

In June 2015, Valeo Foods announced its acquisition of Balconi, an Italian food producer that specializes in sponge cake, wafers and biscuits.[6]

On 28 July 2015, Origin Enterprises plc, announced the disposal of its 32% equity interest in the consumer foods group Valeo Foods Group Limited to CapVest Partners LLP.

In August 2018, Valeo Foods announced completion of its acquisition of Tangerine Confectionery.[7]

In 2019, the law firm Walker Morris advised Valeo Foods, on the sale of Nimbus Foods Limited to Meadow Foods Limited, the UK’s leading supplier of dairy based ingredients.[8]

Products

Valeo Foods has over 20 food brands including:

In addition, Valeo Foods distributes a wide range of agency brands including:

Operations

Headquartered in Dublin, Ireland, the company operates from seven in-house manufacturing facilities based in Ireland, Italy and the UK, and additional offices in Dublin, Belfast, Oxfordshire and Milan.[9]

Odlums Mill

References
  1. "Origin Foods & Batchelors merge to form Valeo". RTÉ News. 2010-09-10. Retrieved 2014-08-22.
  2. http://www.bordbiavantage.ie/marketingbusiness/place/irishmarket/retail/pages/categorymanagement.aspx
  3. "CapVest To Merge Origin Foods With Batchelors To Form Valeo Foods; To Hold 55% Stake". Reuters. September 10, 2010. Retrieved 20 August 2014.
  4. Percival, Geoff (2011-08-09). "Valeo Foods buys Jacob Fruitfield". Irish Examiner. Retrieved 2014-08-22.
  5. "Rowse honey buy to boost Valeo's UK presence". Just-food.com. 2014-04-09. Retrieved 2014-08-22.
  6. Mark Paul (May 6, 2015). "Valeo to seal €200 million Italian deal". Irish Times. Retrieved 6 November 2015.
  7. "Valeo Foods group acquisition - Tangerine". Tangerine. 2018-08-24. Retrieved 2019-11-03.
  8. "Walker Morris advises Valeo Foods on the sale of Nimbus Foods". Walker Morris. 2019-10-09. Retrieved 2020-01-06.
  9. "Valeo Foods on". Top1000.ie. 2014-05-14. Retrieved 2014-08-22.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.