DOCSLIB.ORG

Ornua-Annual-Report-2017

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ornua-Annual-Report-2017 Growing the global success of Irish Dairy Annual Report 2017 About Us At a Glance 02 Business Review Operational Highlights 02 Ornua is Ireland’s largest exporter of Irish Financial Highlights 03 Ornua is a dairy dairy products, exporting to c.110 countries Our Group Structure 05 worldwide. Headquartered in Dublin, it has co-operative which annualised sales of over €2 billion and has Our Global Community 06 a strong global team of c.2000. It operates Growing Ornua 08 from 19 business units worldwide, including Chairman’s Statement 10 markets and sells 14 production facilities, and has sales and Chief Executive’s Report 12 marketing teams working in-market across all Ireland’s largest Exporting to c.110 2017 Global Markets 14 four corners of the globe. dairy products exporter of markets around Our Global Business Reports 17 dairy products the world The Group is structured across two divisions: – Ornua Foods 17 on behalf of its Ornua Foods and Ornua Ingredients. – Ornua Ingredients 21 – Innovation & Insights 26 Ornua Foods is responsible for the global Our Way Matters 28 members; Ireland’s marketing and sales of Ornua’s consumer brands including Kerrygold, Dubliner, Pilgrims dairy processors Choice, Forto and BEO milk powders. Markets are served by production facilities and in- and, in turn, the market sales and marketing teams in Africa, 37 Asia, Germany, Ireland, the UK, the rest of Strong global team Proud owner of Europe, the Middle East and the US. Financial Statements of over 2,000 Kerrygold Irish dairy farmer. Read more on page 17 Corporate Governance 38 Ornua Ingredients is responsible for the procurement of Irish and non-Irish dairy Directors’ Report 42 products and for the sale of dairy ingredients Independent Auditor’s Report 46 to food manufacturers and foodservice Group Income Statement 48 customers. Ornua Ingredients is supported by Group Statement of production facilities in Saudi Arabia, Spain, the Comprehensive Income 49 UK, the US, and by in-market teams in Africa Group Balance Sheet 50 Our Global and the Middle East. Community Read more on page 21 Group Statement of Adds value to Irish Markets the unique Changes in Equity 51 Meet some of our consumers, staff milk through brands taste of grass-fed Group Cash Flow Statement 52 members and stakeholders from around and ingredients Irish dairy Notes to the Financial the world when you see this symbol. Statements 53 68 Supplementary Information Board of Directors & Executive 85 Group Five Year Review 86 Irish Product Utilisation Overview 87 1 Business Review Business Review Operational Highlights Financial Highlights Turnover €m Group EBITDA* €m Operating Profit* €m 2,069.2 35.2 53.8 43.1 Record year for Strategic acquisition Expansion of Ornua 26.6 Kerrygold in and integration Deutschland’s Germany and the US of UK cheese production facility, with double-digit ingredients bringing total facility 1,749.4 volume growth business; F.J. Need investment to (Foods) Ltd €60 million 2016 2017 2016 2017 2016 2017 18% 25% 32% Year-on-Year change Year-on-Year change Year-on-Year change Record year for Opening of an Innovative white * Before exceptional items Ornua Ingredients innovation centre cheese ingredients North America in CoreFX, a US products expanded and €2 million ingredients business to UAE, Kuwait and Net Assets Members Bonus shred and dice line Oman markets commissioned m .3 0 € €15m € 505.6m m 34 new product Setting of 2021 New five-year .3 05 innovations operational syndicated bank €5 launched, including sustainability targets; facilities of €610 a Kerrygold 15% reduction in million secured shredded cheese carbon emissions per to support dairy range in Germany MT; 25% reduction in industry growth Net Assets Net Cash total food waste and Excluding 10% reduction in total Cash waste water ` Annual Report 2017 3 Business Review Our Global Community Nina von Kurzynski Our Group Structure Staff Member Ornua Co-operative Limited Ornua Foods Ornua Ingredients Ornua Asia Ornua Butter Trading UK Ornua Deutschland Ornua Foodservice Ornua Foods Africa Ornua Ingredientes España Ornua Foods Europe Ornua Ingredients North America Ornua Foods Middle East Ornua Ingredients UK Ornua Foods North America Ornua Nutrition Ingredients UK Ornua Foods UK Ornua Saudi Arabia Kerrygold Park Ornua Trading & Ingredients Ireland “ I’m very proud to work with the No. 1 brand for butter, spreads CoreFX Ingredients and cheddar cheese in Germany. There are lots of opportunities F.J. Need to challenge yourself and develop your career in Ornua Deutschland. On top of that I enjoy working with a committed and passionate team.” 46% 54% of Group Turnover of Group Turnover Neukirchen-Vluyn, Germany 4 Annual Report 2017 5 Business Review Business Review Our Global Community F.J. Need Read stories from our Kerrygold Park (F) global community when Ornua Foods UK (F) you see this symbol. Ornua Trading & Ingredients Ireland (I) Ornua Butter Trading UK (I) Food Waste Ornua Foods Europe (F) Partner Ornua Nutrition pg 36 Ornua Foodservice (I) Ingredients UK (I) Farmer & Ornua Board Member Ornua Ingredients UK (I) pg 15 Ornua Ingredients North America (I) Ornua Co-operative Limited Ornua Ornua Foods Deutschland (F) North America (F) CoreFX Ingredients (I) Ornua Ingredientes España (I) Ornua Asia (F) Ornua Saudi Arabia (I) Staff Member pg 4 Ornua Foods Middle East (F) Ambrosia Dairy (F) Key Ornua Nigeria (F) Ornua Export Markets Sales & Marketing Teams Ornua Foods Ornua Innovation Centres Africa (F) Ornua Business Units Kerrygold Consumer Powders Cheese Research pg 16 Yogurt Sour Cream Partner Staff Member Butter pg 88 pg 20 (F) Ornua Foods (I) Ornua Ingredients 6 Annual Report 2017 Annual Report 2017 7 Business Review Business Review Growing Ornua Our Strategic Goals Ornua Foods Ornua Ingredients Our vision is to be a leading Kerrygold Irish Supply Move from a world-class butter brand to a strong By paying strong prices we will maintain our global dairy organisation dairy brand in our established focus markets of current share of Irish dairy exports. Germany, North America and the UK. rewarding our customers, Route to Market Trading Grow routes to market for Irish dairy through our Become a leading trading and de-risk specialist brands for Cheese (Pilgrims Choice in UK) and to assist our suppliers and customers to consumers and stakeholders. Powders (Africa), with a focus on volume growth. manage volatility. Developing Markets Value-Added Ingredients In our developing markets of China, MENA and Our primary focus will be on processed, pizza Continental Europe, our focus will be to build and recombined white cheese, supplying the and consolidate on our investments. foodservice and B2B channels. Ornua 2021 Growing our Talent Attracting, developing and retaining the best talent Targets is vital to the success of our business and we are committed to ensuring we remain an ‘Employer of Choice’ in our industry. Our Mission 1. To provide our consumers with Build sustainable the best tasting grass-fed dairy and value-added routes to market products, with a key focus on being a leading supplier in our established markets of Germany, North America and the UK, whilst Talent Reward and Driving Talent Nurturing Growing Growth Acquisition Recognition Performance Development Talent our People Opportunities continuing to develop our other in revenues by 2021 international businesses. 2. To be a leading global supplier of value-added ingredients to our food manufacturing and sustainable foodservice customers. EBITA margin Everything we do With heart With thought With vision With drive is underpinned by our values 8 Annual Report 2017 Annual Report 2017 9 Business Review Business Review refinancing and extension of our current banking Chairman's Statement facilities for another five years. Twelve months on, the challenge Markets of Brexit to Ornua and the Irish There was a welcome recovery in milk prices in 2017. dairy industry is undiminished. An extended period of market weakness had curtailed We welcome the agreement to With a clear vision to be a leading global dairy organisation, I am milk output globally and strong demand, in particular delighted to present Ornua’s financial results for 2017, year one of the for butterfat, led to a recovery in fat-based products. negotiate a transitional period once By the third quarter of 2017, butter prices had reached the UK leaves the EU at the end of Group’s new 5-year Growth Plan, Ornua 2021. record levels, while in contrast, protein prices were disproportionately low, creating an unprecedented March 2019. differential in the EU’s fat and protein price ratio. Ornua 2021 aims to deliver a strong growing global dairy In Ireland, the recovery in milk prices and positive business for its members and stakeholders. The plan’s weather conditions led to a 9% increase in milk output. At the end of the year, the board’s longest serving strategic ambitions are to grow revenues to €3 billion and According to Teagasc, the average milk price for 2017 member, Dan MacSweeney, retired. We thank Dan for his to deliver a sustainable 3% EBITA margin with enhanced was up 30% on 2016 and while total production costs unstinting support to Ornua and for his 25 years of sound member returns above that. The accompanying financial on a per litre basis are estimated to have increased by stewardship of the board, and we wish him well in his plan (2017-2021), approved by the board in January 3%, net margins on a per litre of milk basis increased retirement. On behalf of the board, I would also like to 2017, allows for continued investment in strategic substantially. The outlook for 2018 is for a further thank James Lynch for his contribution during his tenure projects, brands, innovation, in- market resources and growth in milk supply and a decline in commodity prices, on the board.
Load more

Recommended publications
  • 2020 World Championship Cheese Contest
    2020 World Championship Cheese Contest Winners, Scores, Highlights March 3-5, 2020 | Madison, Wisconsin ® presented by the Cheese Reporter and the Wisconsin Cheese Makers Association World Cheese Contest ® Champions 2020 1998 1976 MICHAEL SPYCHER & PER OLESEN RYKELE SYTSEMA GOURMINO AG Denmark Netherlands Switzerland 1996 1974 2018 HANS DEKKERS GLEN WARD MICHEL TOUYAROU & Netherlands Wisconsin, USA SAVENCIA CHEESE USA France 1994 1972 JENS JENSEN DOMENICO ROCCA 2016 Denmark Italy TEAM EMMI ROTH USA Fitchburg, Wisconsin USA 1992 1970 OLE BRANDER LARRY HARMS 2014 Denmark Iowa, USA GERARD SINNESBERGER Gams, Switzerland 1990 1968 JOSEF SCHROLL HARVEY SCHNEIDER 2012 Austria Wisconsin, USA TEAM STEENDEREN Wolvega, Netherlands 1988 1966 DALE OLSON LOUIS BIDDLE 2010 Wisconsin, USA Wisconsin, USA CEDRIC VUILLE Switzerland 1986 1964 REJEAN GALIPEAU IRVING CUTT 2008 Ontario, Canada Ontario, Canada MICHAEL SPYCHER Switzerland 1984 1962 ROLAND TESS VINCENT THOMPSON 2006 Wisconsin, USA Wisconsin, USA CHRISTIAN WUTHRICH Switzerland 1982 1960 JULIE HOOK CARL HUBER 2004 Wisconsin, USA Wisconsin, USA MEINT SCHEENSTRA Netherlands 1980 1958 LEIF OLESEN RONALD E. JOHNSON 2002 Denmark Wisconsin, USA CRAIG SCENEY Australia 1978 1957 FRANZ HABERLANDER JOHN C. REDISKE 2000 Austria Wisconsin, USA KEVIN WALSH Tasmania, Australia Discovering the Winning World’s Best Dairy Results Wisconsin Cheese Makers Association was honored to host an international team of judges and an impressive array of samples of 2020 cheese, butter, yogurt and dairy ingredients from around the globe at the 2020 World Championship Cheese Contest March 3-5 in Madison. World Champion It was our largest event ever, with a breath-taking 3,667 entries from Michael Spycher, Mountain 26 nations and 36 American states.
    [Show full text]
  • A Guide to Kowalski's Specialty Cheese Read
    Compliments of Kowalski’s WWW.KOWALSKIS.COM A GUIDE TO ’ LOCALOUR FAVORITE CHEESES UNDERSTANDING CHEESE TYPES ENTERTAINING WITH CHEESE CHEESE CULTURES OF THE WORLD A PUBLICATION WRITTEN AND PRODUCED BY KOWALSKI’S MARKETS Printed November 2015 SPECIALTY CHEESE EXPERIENCE or many people, Kowalski’s Specialty Cheese Department Sadly, this guide could never be an all-inclusive reference. is their entrée into the world of both cheese and Kowalski’s Clearly there are cheese types and cheesemakers we haven’t Fitself. Many a regular shopper began by exclusively shopping mentioned. Without a doubt, as soon as this guide goes to this department. It’s a tiny little microcosm of the full print, our cheese selection will have changed. We’re certainly Kowalski’s experience, illustrating oh so well our company’s playing favorites. This is because our cheese departments are passion for foods of exceptional character and class. personal – there is an actual person in charge of them, one Cheese Specialist for each and every one of our 10 markets. When it comes to cheese, we pay particular attention Not only do these specialists have their own faves, but so do to cheeses of unique personality and incredible quality, their customers, which is why no two cheese sections look cheeses that are perhaps more rare or have uncommon exactly the same. But though this special publication isn’t features and special tastes. We love cheese, especially local all-encompassing, it should serve as an excellent tool for cheeses, artisanal cheeses and limited-availability treasures. helping you explore the world of cheese, increasing your appreciation and enjoyment of specialty cheese and of that Kowalski’s experience, too.
    [Show full text]
  • 2018 Attendees - by Last Name
    2018 Attendees - By Last Name Last Name First Name Company Title ST Country Abdalmalek Hani Bertoli Homogenizers North America MN Abdalmalek Rozette Bertoli Homogenizers North America MN Abrahamson Brett North Central Companies MN Abrahamson Aimee Tetra Pak Filtration Solutions Account Manager MN Achina Dan SUEZ, Sievers Instruments CO Aclin Jonathan Numidia Inc. Derivatives Trading Manager TX AcMoody Annie Western United Dairymen Economist CA Adams Donald Wisconsin Whey Protein Business Development Manager WI Affertsholt Tage 3A Business Consulting Partner DENMARK Albrecht Dave Wells Enterprises, Inc. Director Strategic Sourcing IA Aldous Greg Orora Packaging Solutions General Manager - Bag Solutions VIC AUSTRALIA Alexander Craig O-AT-KA Milk Products Coop., Inc. VP Dairy Ingredients & Regulatory Affairs NY Allen Brendon Bulk Buy USA MO Allen Nathan GEA North America Director of Sales WI Allread Karen Kellogg Category Manager MI Alsip Jake Barry Callebaut Ingredient Buyer IL Ambriz Pamela Vitalus Nutrition Inc. Director Product Strategy & Development BC CANADA Anderson James Arla Foods Ingredients RSM Health & Performance NJ Anderson Blake California Dairies, Inc. Sr. VP Business Development CA Anderson Dane Custom Fabricating & Repair, Inc. WI Anderson Bryan Land O’ Lakes, Inc. Sales Manager MN Anderson Jeff MSS WI Angwin Marcus Louis Dreyfus Company Senior Trader TN Aragon Ruth Agropur Ingredients Mexico Sales Manager MEXICO Araujo Alex Anderson-Negele NY Archer Debi Dairy.com TX Archer Graham Tetra Pak Inc. GM Cheese Evaporation & Drying MN Last Name First Name Company Title ST Country Arena Anthony Arena Products, Inc. President NY Armon Mark Darigold, Inc. Sales Manager WA Armstrong Brent Tatua Dairy Company Business Manager WKO NEW ZEALAND Arnold Sonia Marcho Farms, Inc.
    [Show full text]
  • China and Japan (April 16-22, 2016)
    www.tastesofeurope.eu producers CatalogueChina and Japan (april 16-22, 2016) European Union 1 China and Japan | april 16-22, 2016 Dear Participant, Thanks for your participation in the High-Level Mission of Commissioner Phil Hogan and the Tastes of Europe Campaign in China and Japan (April 16-22). In this catalogue you will find the European producers that are members of the Business Delegation (BD) that will accompany the High-Level Mission of Commissioner Phil Hogan to China (April 16- 19); and Japan (April 20-22). This document will provide you with the information of the representatives of each company and/or association, the products they are promoting, the country or countries they will attend and a brief description of each company and association. For further questions or comments, please do not hesitate to contact us as [email protected] Best regards, The Tastes of Europe organising team 3 China and Japan | april 16-22, 2016 index Belgium, Belgique/België P.6 Bulgaria, България P. 10 Denmark, Danmark P.11 Germany, Deutschland P.12 Greece P.14 EU P.15 Ireland, Éire P.17 Spain, España P.19 France, France P.26 Italy, Italia P.30 Netherlands, Nederland P.41 Poland, Polska P.43 Portugal, Portugal P.47 Finland, Suomi/Finland P.51 Sweden, Sverige P.52 United Kingdom P.54 5 Belgium Producer BAETEN & C° N.V. Name Matthias Baeten Title CEO Product Refined animal fats Website www.baetennv.be Email [email protected] Phone + 32 9 367 79 96 Mob + 32 496 42 03 46 Going To China Baeten & C° established since 1815 is For seven generations we have always strived to a fully independent and self-sufficient deliver high quality products.
    [Show full text]
  • Annual Report 2018 Creating Value for Irish Farmers See Page 5
    Annual Report 2018 Creating Value for Irish Farmers See page 5 Our Global Business See page 6 Sustainability See page 25 We are collaborators The co-operative ethos is at the heart of how Ornua does business. As a co-operative, Ornua was founded on the premise of working together with member suppliers and dairy farmers to create shared value for the Irish dairy industry. Support from farmers and member suppliers, along with the world-class milk they produce every day, form the foundations on which Ornua has been able, and will continue, to thrive. Farmers Irish dairy farmers' hard work and commitment to producing top quality Ornua milk every day is pivotal to the success of the industry. Members State-of-the-art, well invested member processor facilities continuously provide Ornua with high-quality dairy products that consumers all over the world can trust and enjoy. Ornua Ornua's expertise in building sustainable routes to market helps add value to Irish milk and secure strong returns for members and, in turn, Irish Members Farmers dairy farmers. Annual Report 2018 1 Ornua is a dairy co-operative which markets and sells dairy products on behalf of its members; Ireland’s dairy processors and, in turn, Irish dairy farmers. Ornua is Ireland’s largest exporter of Irish dairy products, exporting to 110 countries worldwide. Headquartered in Dublin, it has annualised sales of over €2 billion and a global team of over 2,200 employees. Ornua operates from 10 business units worldwide, including Performance Highlights 14 production facilities, and has sales and See page 4 marketing teams working in-market across all four corners of the globe.
    [Show full text]
  • 2019 Attendee List by Company Name
    2019 Attendee List By Company Name Company Name Title City ST Country Abbott Natalie Donovan Strategic Sourcing Analyst Columbus OH USA Abbott Douglas Smith Dairy Sourcing Manager Columbus OH USA Abbott Nutrition Grant Haeussler Ingredient Sourcing & Risk Manager Columbus OH USA Abbott Nutrition Jeff McNabb Senior Procurement Specialist Columbus OH USA ACSON Corporation Richard Freeland Scottsdale AZ USA ADPI Blake Anderson President & CEO Elmhurst IL USA ADPI Steve Griffin Director of Finance Elmhurst IL USA ADPI Beth Holcomb Director Of Member Communications Elmhurst IL USA ADPI Veronique Lagrange Director, Strategic Development Elmhurst IL USA ADPI Dan Meyer Technical Director Elmhurst IL USA ADPI Carl Roode Staff Elmhurst IL USA ADPI Phil Tong Technology Consultant San Luis Obispo CA USA Advance Milk/Sierra Organics Don Dortch Sales Director Chino CA USA Advance Milk/Sierra Organics Tom Groe Chino CA USA Advanced Process Technologies Jared Brandt Cokato MN USA Advanced Process Technologies Craig Campbell Cokato MN USA Advanced Process Technologies Philip Cunningham Cokato MN USA AgMotion Dairy Steven Peterson Director Minneapolis MN USA Agri-Dairy Products, Inc. Steven Bronfield President Purchase NY USA Agri-Dairy Products, Inc. Ana Paula De Luca Almeida International Sales Director Purchase NY USA Agri-Dairy Products, Inc. Frank Reeves III COO Purchase NY USA Agri-Mark Whey Proteins Virginie Saulnier VP Dairy Global Sales Waitsfield VT USA Agri-Mark, Inc. Michael Hassay Plant Manager West Springfield MA USA Company Name Title City
    [Show full text]
  • M-18-089 Lakeland Lacpatrick Determination
    DETERMINATION OF MERGER NOTIFICATION M/18/089 – LAKELAND/LACPATRICK Section 21 of the Competition Act 2002 Proposed merger of Lakeland Dairies Co-Op Society Limited and LacPatrick Co- Operative Society Limited. Dated 05 March 2019 Introduction 1. On 6 November 2018, in accordance with section 18(1)(a) of the Competition Act 2002, as amended (“the Act”), the Competition and Consumer Protection Commission (“the Commission”) received a notification of a proposed merger of Lakeland Dairies Co-Op Society Limited (“Lakeland”) and LacPatrick Co-Operative Society Limited (“LacPatrick”) (the “Proposed Transaction”). The Proposed Transaction 2. The Proposed Transaction is to be implemented pursuant to a merger agreement between LacPatrick and Lakeland dated 3 October 2018 (the “Merger Agreement”), whereby Lakeland and LacPatrick will form a new industrial and provident society called Lakeland Dairies Co-Operative Society Limited (the “Merged Entity”) pursuant to the provisions of Section 53(1) of the Industrial and Provident Societies Act 1893. Following implementation of the Merger Agreement, 73% of the shareholdings of the Merged Entity are to be allocated between the members of Lakeland, with the remaining 27% to be allocated between the members of LacPatrick. 3. The Proposed Transaction was also notified to the Competition and Market Authority (“the CMA”) in the UK. The initial period for consideration of the Proposed Transaction under section 34ZA(3) of the UK Enterprise Act 2002 commenced on 16 January 2019. The Commission coordinated with the CMA and is satisfied that the outcome of the 1 Merger Notification No. M/18/089: Lakeland/LacPatrick CMA’s investigation does not affect the conclusions of the Commission as set out in this determination.
    [Show full text]
  • Bringing the Unique Taste of Grass-Fed Irish Dairy to the World
    Annual Report 2016 Bringing the unique taste of grass-fed Irish dairy to the world Our Business Ornua – The Home of Irish Dairy, is an agri-food commercial co-operative which markets and sells dairy products on behalf of its members; Ireland’s dairy processors and, in turn, the Irish dairy farmer. Headquartered in Dublin, Ornua is Ireland’s largest exporter of Irish dairy products, exporting to c.110 countries worldwide and has sales of c.€1.75 billion annually. It operates from 18 business units worldwide and has sales and marketing teams working in-market across all four corners of the globe; from Algiers to Beijing to Lagos and LA. Ornua’s business is comprised of two divisions: Ornua Foods and Ornua Ingredients. Ornua Foods is responsible for the international marketing and sales of Ornua’s consumer brands including Kerrygold, Dubliner, Pilgrims Choice, Shannongold, Forto and BEO milk powder brands. Markets are served by plants and in-market sales and marketing teams in Ireland, the UK, Germany, the rest of Europe, the US, Africa, the Middle East and Asia. Ornua Ingredients is responsible for the procurement of Irish and non-Irish dairy products and for the sale of dairy ingredients to food manufacturers and foodservice customers. Ornua Ingredients is supported by plants in Saudi Arabia, Spain, the UK, the US and by in-market teams in the Middle East and Africa region. BUSINESS REVIEW FINANCIAL STATEMENTS Performance Highlights 03 Corporate Governance 34 Our Business 04 Directors’ Report 38 The Ornua Community 06 Independent Auditor’s
    [Show full text]
  • Annual Report 2019 Our Proud History the World Loves Kerrygold
    ORNUA ANNUAL REPORT 2019 OUR PROUD HISTORY THE WORLD LOVES KERRYGOLD G Vincent Colgan, an Bord Bainne, pictured with President of Ireland Eamonn de Valera at the Spring Show in 1961 G Malawi, 2016 H By the late 1960s, confident young Ireland was taking flight and Kerrygold was literally taking off with it G The name Kerrygold was chosen from G Taiwan, 1983 a shortlist of 60 including Leprechaun, Buttercup and Tub o’ Gold H Irish troops serving with the UN delighted to find Kerrygold in the corner store in Cyprus in 1964 G Saudi Arabia, 1986 G Mauritius, 1984 G Trinidad & Tobago, 1983 G Kerrygold butter has the same great taste since 1962 G Cyprus, 1983 Today 8.6 million packets Kerrygold is the most loved dairy of Kerrygold butter brand in Germany – it even has a are sold each week G Japan 1990 street named after it! ADVERTISING THROUGH THE AGES H John Treacy was conquering the world, winning the Cross-Country Championship, and we were with him every step of the way B The launch of a legend – Kerrygold’s first advertising campaign in the UK in 1962 B The World’s Greenest Dairyland international poster campaign put Ireland, and Kerrygold, on the map A International showjumping G The arrival of Kerrygold Milk Powder in the legend Eddie Democratic Republic Macken helped of Congo put a spring spread the name in the step of shoppers Kerrygold far and wide at the Dublin Horse Show G Kerrygold crosses the Atlantic and its cheese was a big hit B with US consumers Kerrygold adverts become as legendary as the butter.
    [Show full text]
  • IN the UNITED STATES DISTRICT COURT EASTERN DISTRICT of WISCONSIN MILWAUKEE DIVISION ORNUA FOODS NORTH AMERICA, INC., a New York
    IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF WISCONSIN MILWAUKEE DIVISION ORNUA FOODS NORTH AMERICA, INC., a New York Corporation 1007 Church Street Suite 800 Evanston, IL 60201 and ORNUA CO-OPERATIVE LIMITED, an Ireland Corporation Grattan House Mount Street Lower Dublin 2 Ireland Plaintiffs, Case No. ____________________ v. EUROGOLD USA LLC, a Wisconsin Limited Liability Company 109 South Thompson Road P.O. Box 837 Sun Prairie, WI 53590 and OLD WORLD CREAMERY LLC, a Wisconsin Limited Liability Company 109 South Thompson Road P.O. Box 837 Sun Prairie, WI 53590 Defendants. COMPLAINT Plaintiffs Ornua Foods North America, Inc., a New York corporation, and Ornua Co-Operative Limited, an Irish corporation, (collectively, “Ornua”) for their Complaint against Defendants Eurogold USA LLC (“Eurogold”), a Wisconsin 1 Case 2:17-cv-00510-JPS Filed 04/10/17 Page 1 of 21 Document 1 limited liability company, and Old World Creamery LLC (“Old World”), a Wisconsin limited liability company, (collectively, “Defendants”), state and allege as follows: PRELIMINARY STATEMENT This is an action for immediate and permanent injunctive relief barring Defendants from advertising, marketing, distributing, or selling butter products using trademarks that are identical or substantially similar to Ornua’s federally registered trademark KERRYGOLD, which is famous in Wisconsin and throughout the United States for Ornua’s top-quality Irish butter. This Complaint and the declarations filed with it prove that, after negotiating with Ornua for months to package Ornua’s Irish butter under the KERRYGOLD mark, Defendants decided instead to sell Irish butter under a new mark obviously derived from Ornua’s KERRYGOLD mark: IRISHGOLD.
    [Show full text]
  • World Butter Market Report 2000-2020
    WORLD BUTTER MARKET REPORT 2000-2020 PM FOOD & DAIRY CONSULTING 2016 The World Butter Market Report PM FOOD & DAIRY CONSULTING is publishing a new report: The World Butter Market Report 2000-2020. The new report contains 230 pages of valuable information and analysis of the world butter market (see content of the report). The report gives the overall view of the development on the world market for butter/butter blends products from 2000-2015 in all regions of the world. The future prospects for global butter market from 2015 to 2020 are analyzed with focus on consumer trends, developments in the emerging dairy markets, new markets and the future structure of the butter producing companies. The report also provides in debt analysis 42 countries from all region of the world and several new countries are added to the analysis since the last edition especially in Asia and Africa. This provides all the necessary information for evaluating the different butter markets in the world and the future potential for expansion. Is your company seeking new opportunities in the global butter market this report is a must! Subscribe now by replying to PM FOOD & DAIRY CONSULTING on [email protected] Price: €3,500 or $4,000 You will receive an invoice and when the payment is registered the report will be sent electronically. Content 1. Introduction ............................................................................................................................ 7 1.1. Background ...................................................................................................................................
    [Show full text]
  • Dairy Leaders Talk Strategies for Dairy Investment, Growth
    Volume 37 February 3, 2017 Number 3 Dairy leaders talk strategies Like us on Facebook and follow us on Twitter! for dairy investment, growth A By Alyssa Mitchell LLC, Chicago; Sue Taylor, vice America (DFA), Michigan Milk creating new jobs. president of dairy economics Producers Association (MMPA) Waldvogel agrees that in- INSIDE ORLANDO, Fla. — Dairy and policy at Leprino Foods and Foremost Farms USA are in centives are important, but “no stakeholders discussed strate- Co., Denver; and Jay Waldvogel, advanced discussions to create one’s going to move somewhere ✦ Guest column: gies for investment and expan- senior vice president of strat- a stand-alone joint venture to that’s not economically viable ‘Dairy market volatility and sion of the U.S. dairy sector egy and global development build and operate a new cheese just for an incentive.” fundamental uncertainty.’ as well as factors at play in for Dairy Farmers of America, and whey production facility in “They can’t make a bad deal For details, see page 4. the market today and what to Kansas City, Missouri. Michigan. (See “Glanbia, DFA, good but can make a good deal expect in the future Tuesday Panelists note that while MMPA and Foremost Farms great,” McCully agrees. ✦ Nestle USA to move during the International Dairy farm milk production in the announce plans for new U.S. Waldvogel says most valuable headquarters to Virginia. Foods Association’s (IDFA) United States has grown by cheese and whey facility” in the are long-term incentives, such For details, see page 5. Dairy Forum here. more than 35 percent in the Jan.
    [Show full text]