Goodman pet food business gets €5m Enterprise Ireland grant

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 98%

Larry-Goodman Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

C&D Foods received grant tied due to pandemic impact on the economy

Goodman’s company first took a 50 per cent stake in C&D in 2008, later increasing that over a number of years. Photograph: Ronan Quinlan/CollinsLarry Goodman’s C&D Foods Unlimited, the pet food arm of his ABP Food Group, received a direct grant of €5 million from Enterprise Ireland .

A spokesperson for C&D Foods said, “We received grant support from Enterprise Ireland in relation to the expansion of our facility in Edgeworthstown. The details surrounding the grant are a matter for Enterprise Ireland.” As part of the Covid-19 Sustainable Recovery Scheme, companies could obtain grant aid of up to €5 million per project up to the end of 2023, provided the projects “ carbon intensity through investment in CO2 carbon abatement technologies” and/or productivity improvements through investing in digitalisation technologies”.’s company first took a 50 per cent stake in C&D in 2008, later increasing that over a number of years.

The company does not publish full sets of financial accounts, but at the time of the final sale of shares to ABP, Reynolds said in media reports that its annual revenues were around €500 million and that it employed around 1,500 people. Around 500 of those are based in Ireland.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

AI-enabled workforce critical for future investmentIDA Ireland has said that an AI-enabled workforce is critical to transforming Ireland's enterprise base and supporting future investment in the country.
La source: RTEbusiness - 🏆 16. / 61 Lire la suite »