Organisation: IAWS Co-op

One51 to raise €100m to fund new purchases

ONE51 is about to raise €100 million through a loan note issue that will carry carrying a compound annual interest return of 4%.

Wed, 24 May, 2006

SWS gets seal of approval

KEEPING track of the country's cattle has become a €5.5 million per year business for a west Cork company.

Thu, 20 Apr, 2006

Pre-tax profits at SWS Group up 32%

THE Bandon-based SWS Group has reported good progress across its range of businesses in 2005.

Wed, 19 Apr, 2006

One51’s NTR stake jumps €40m

THE investment of €120 million in NTR by One51 chief Philip Lynch looks set to pay dividends for One51, with the 26% share in the company now valued at €160m.

Tue, 31 Jan, 2006

Dairygold SGM to discuss operations

DAIRYGOLD has called a special general meeting for January 12 to ask shareholders to vote for transferring non-milk operations to a separate company.

Thu, 22 Dec, 2005

Lynch spearheads One51 expansion plans

ONE51, the former IAWS Co-op, is pressing ahead with expansion plans under chief executive Philip Lynch.

Wed, 14 Dec, 2005

One51 acquires Rilta for €8m

ONE51, the former IAWS Co-Op, has acquired SITA Environmental and its trading company Rilta Ltd in a deal worth up to €8 million.

Sat, 29 Oct, 2005

Irish firms launch €100m Hungary project

TWO Bandon firms, SWS and local contractor James P Fleming have embarked on a €100 million-plus wind farm project in Hungary.

Thu, 22 Sep, 2005

IAWS cancels €64m SWS deal

THE Irish Agricultural Wholesale Society (IAWS) Co-op has pulled out of the €64 million deal to buy the wind and waste management divisions of Bandon-based SWS Group.

Fri, 16 Sep, 2005

Grain trade accused of cartel

THE Irish Farmers Association alleged yesterday that some members of the grain trade are making an effort to operate a cartel and lower the price below its market value this harvest.

Tue, 13 Sep, 2005

NTR profits soar by 34% to €169m

SOARING revenues from wind energy and waste management helped NTR record first-half turnover of €169 million, a 34% increase on last year, the infrastructure developer said yesterday.

Tue, 13 Sep, 2005

Sale of SWS assets cleared as standoff between board and management ends

THE standoff between SWS board and management over the sale of certain assets to IAWS Co-op is over and the deal is moving toward conclusion.

Tue, 16 Aug, 2005

IAWS Co-op sees profits up by 166%

THE sale of property and shares helped hike up profits at the IAWS Co-op by 166% last year.

Fri, 12 Aug, 2005

SWS takeover ‘within three months’

IAWS CO-OP is expected to complete the takeover of South Western Services (SWS) of Bandon by the end of October, according to a source close to the negotiations.

Fri, 22 Jul, 2005

Vote moves IAWS closer to flotation

Brian O’Mahony, Chief Business Correspondent

Fri, 15 Jul, 2005

IAWS Co-op to convert to a plc and complete part-takeover of SWS

IAWS Co-op will soon convert to a plc and complete its part-takeover of SWS, before starting trading in the enlarged group’s shares by June 2006 at the latest, chief executive Philip Lynch has confirmed.

Tue, 31 May, 2005

Questions over SWS’s price tag

THE supplementary due diligence continuing at South Western Services raises further questions about what the business is worth.

Sat, 30 Apr, 2005

Dissension exists over SWS future direction

GOOD results from national toll roads operator NTR Plc could justify the €130 million invested in the group by IAWS Co-op since early January.

Wed, 20 Apr, 2005

SWS will retain agri-service business

AGRI-SERVICES and auctioneering are among the services which will be retained by SWS Co-op, regardless of the outcome of the ongoing acquisition of most of the co-op’s assets by the Irish Agricultural Wholesale Society (IAWS Co-op).

Thu, 14 Apr, 2005

IAWS Co-op in €64m bid for SWS

THE Irish Agricultural Wholesale Society (IAWS Co-op) has finally made an offer to acquire the business processing and sustainable energy divisions of South Western Services (SWS) of Bandon.

Fri, 01 Apr, 2005

Businessman Lynchpin between two IAWS

IT is difficult to keep the IAWS name out of the news at the minute.

Wed, 30 Mar, 2005

IAWS set to profit from toll deal

SPECULATION the Government is to pay up to €500 million to buy out the M50 toll contract from NTR puts a different perspective on the €130m investment by IAWS Co-op in the group.

Fri, 25 Mar, 2005

Co-op to invest €70m in site plan

UP to €70 million will be invested by Dairygold in a major development of a retail, residential and office complex on its site close to the 4Home base in Mallow, Co Cork.

Thu, 24 Mar, 2005

Lynch in line to close in on Greenstar

PHILIP LYNCH has Greenstar, NTR's waste management subsidiary, in his sights.

Tue, 15 Feb, 2005

IAWS Co-op builds 23% stake in NTR

Brian O’Mahony, Chief Business Correspondent

Tue, 01 Feb, 2005

Roche buys €21 million in shares to boost stake in NTR to 43.2%

IN a dramatic development NTR chairman Tom Roche has purchased the remainder of shares held in the group by John Gallagher for a price believed to be over €21 million.

Fri, 28 Jan, 2005