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 lead 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 Odlum Group Ltd and various other convenience food related interests in the Republic of Ireland. Greencore is quoted on the Irish Stock Exchange and London Stock Exchange.
Irish Sugar
Irish Sugar, called the Irish Sugar Company (Irish: Cómhlucht Siúicre Eireann) until 1991, was established in 1933 in a drive by the then Irish Government to promote self-sufficent industry in Ireland. Whilst Irish Sugar was initially a private enterprise based in Carlow in 1926 it now has interests in various food products throughout Ireland. An additional sugar factory is based in Mallow in County Cork. The factories established in Thurles and Tuam, in the 1930s, were closed during the 1980s.
In 2005 Irish Sugar announced that it would close its facility in Carlow.
The principal arable crops are wheat, barley, oats, sugar beet and potatoes.
Richard Fitzgerald said that Ireland's white sugar quota was 200200 tonnes (182000 tonnes of A quota and 18200 of B quota.) The total area under beet is 33,500 hectares grown by 5,000 growers with an average of 6.4 hectares per grower.
In 1933 the IrishSugarCompany Ltd, was established and acquired the Carlow factory and built factories at Mallow, Thurles and Tuam.
The exception is that the Irish Government holds a special share certificate (value EUR 1.26) in IrishSugar Limited in order to prevent the Irishsugar quota being sold without its consent.
IrishSugar, called the IrishSugarCompany (Irish: Cómhlucht Siúicre Eireann) until 1991, was established in 1933 in a drive by the then Irish Government to promote self-sufficent industry in Ireland.
In 2005IrishSugar announced that it would close its facility in Carlow, this was carried out on March 11 when the facility closed for the last time.
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