Greencore to get €100m from EU fund

GREENCORE will get just €100 million of the €146m earmarked for the industry through the EU’s compensation fund.

However the closure of Irish Sugar will be worth €200m to the group over time, due to the ending of the sugar beet regime in Ireland after nearly 100 years.

The sale of 300 acres in Carlow will be worth just €100m when clean-up costs are discounted.