IAWS Group
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| IAWS Group plc | |
|---|---|
| Image:IAWS.svg | |
| Type | Public |
| Founded | |
| Headquarters |  Dublin, Ireland |
| Revenue | ▲ €1,907.619 million (2007)[1] |
| Operating income | ▲ €143.005 million (2007)[1] |
| Net income | ▲ €136.589 million (2007)[1] |
| Website | iaws.ie |
IAWS Group, plc is an international food and agribusiness group. The Group has lifestyle food operations in Ireland, the UK, France, the USA, and Canada serving over 50,000 customers. This lifestyle food business focuses on niche high quality growth segments of the bakery and convenience food markets.
The Group has its roots in the Irish agricultural industry and continues to maintain a leadership position in Ireland and the UK in the areas of animal feed, fertiliser and marine protein.
IAWS Group, plc is listed on the Dublin and London Stock Exchanges and has been publicly quoted since 1988.
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[edit] Products
In North America, IAWS is mainly known for its Cuisine de France range of French-style bread-based products and La Brea Bakery known for their higher end of Artisan Breads. Otis Spunkmeyer was acquired by IAWS in November of 2006.
In addition to Cuisine de France and La Brea Bakery, IAWS also operates and owns the following brands in Europe: Delice de France, Pierre's, Shamrock Foods, Roma, Carroll Cuisine, Hubert, and Coup de Pates.
[edit] History
The company was spun off from the Irish Agricultural Wholesale Society (IAWS Co-Op) and floated on the Irish Stock Exchange in 1988. The company acquired most of the Society's then businesses, in the food, fertiliser, and agribusiness areas at that point. For most of the 1990s the company was managed by Phillip Lynch, first as chief executive officer and later chairman. In 1996 the IAWS Co-Op took its shareholding in the company below 51% for the first time. Lynch retired as chairman in 2005, as the IAWS Co-Op (of which he is now chief executive) prepared to sell the last of its shares in the company and itself float on the stock exchange, as One51 plc.
[edit] IAWS Group subsidiaries
- Food North America
- Otis Spunkmeyer
- La Brea Bakery
- Food Europe
- Cuisine de France
- Delice de France
- Carroll Cuisine
- Pierre's
- Coup de Pates
- Origin Enterprises
[edit] References
- ^ a b c 2007 Financial Report Page 4 details finance.
[edit] External links
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