‘Greencore completely misread EU sugar regime’

THE blame for the demise of the Irish sugar industry rested with Greencore, the Irish Farmers Association claimed last night.

Its president Padraig Walshe accused Greencore, over the past 10 years, of draining over 300 million in profits from Irish Sugar without planning for a viable future for the industry.

“Greencore completely misread the EU sugar regime and the reforms of November 2005. Closing the Carlow factory was a fatal misjudgement by Greencore management which has staggered from one crisis to another since,” he said.