Thursday August 6, 2020

Convenience food supremo whets its appetite for new acquisitions

Food giant Greencore plans to ramp up sales of food-on-the-go options such as salads and snacks via strategic takeovers and new partnerships

Ian Guider

Markets Editor

@ianguider
29th September, 2019
Patrick Coveney, chief executive of Greencore, plans to expand the firm’s relationships with top British supermarket chains Pic: Kenneth O’Halloran

Food giant Greencore has said half the company’s growth in the next few years will come from acquisitions and that excess cash will be returned to investors via share buybacks.

Greencore, which makes three out of every five sandwiches sold in Britain every year, plans to capitalise on the growing trend for food-on-the-go and ramp up sales of salads, sushi, snack food and hot meals.

Patrick Coveney, Greencore’s chief executive, told The Sunday...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Conservation group calls for effective regulation as multinationals increase use of on-site gas plants to generate electricity

Killian Woods | 1 week ago

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 1 month ago

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 3 months ago