Greencore likely to retain Irish property assets

Greencore is unlikely to sell any of its Irish-based property assets in the foreseeable future.

The Dublin-headquartered food group has received expressions of interest which are being considered by management for its 125-acre site at Littlehampton, on the south coast of England.

However, speaking earlier this week on the back of the publication of the group’s better-than-expected annual results, Greencore’s chief executive, Patrick Coveney said any similar sale of its Irish landbank is not on the agenda. Those assets chiefly comprise the company’s former sugar producing sites in Carlow and Mallow.