Lidl Ireland announces €124 million investment into Cork agri-food industry

Lidl Ireland announces €124 million investment into Cork agri-food industry

At the launch of Lidl’s Supplier Impact Report for 2022 are J.P. Scally, CEO of Lidl Ireland and Northern Ireland alongside Lidl customer assistant, Patrycja Samojiuk and Jim O’Toole, CEO of Bord Bia. Picture: Fennell Photography

LIDL Ireland has announced a total of €124 million was invested in the Cork agri-food industry by the retailer in 2022. This makes up part of a total of €1 billion that has been invested in the Irish agri-food industry last year.

The retailer’s latest Supplier Impact Report also outlines that of that €1 billion, €682 million stayed within Lidl Ireland’s operations to be sold locally to the retailers’ Irish customers and €318 million was exported internationally through Lidl’s expansive network of stores showcasing the best of Irish produce on the global stage.

With more than 400 local suppliers supported in the Republic of Ireland, Lidl Ireland continues to give Irish producers unrivalled access to local and international markets supporting the growth and success of Irish produce worldwide.

In 2022 alone, Lidl announced a €20 million deal with Bantry-based Keohane’s which included significant exports of their fresh and frozen Irish seafood reaching the shores of Great Britain, Germany, Cyprus, Italy and even the USA. Meanwhile, a €3 million deal with award-winning Ballincolllig beekeepers, Healy’s Honey, sees their deliciously sweet honey products to Lidl stores across Ireland.

At a micro-level, Lidl’s Kickstart Supplier Development Programme supported by Bord Bia is designed to give small and medium-sized Irish food and drink businesses the opportunity to advance their product, brand, and business with dedicated support from Lidl experts along the way. Now in its seventh year, Lidl has invested more than €7 million in the Kickstart programme to date, which has empowered hundreds of unique Irish artisan suppliers to showcase their produce to the retailer’s devoted customer base of more than 1.5 million shoppers each week.

Launching the new report findings, J.P. Scally, CEO, Lidl Ireland and Northern Ireland said: “Our fantastic suppliers represent the best of Ireland’s food and drink industry and we’re proud to showcase the high calibre of their products on our shelves in Ireland and on the global stage through our Lidl network. In 2022, Lidl Ireland procured more than €1 billion worth of goods from Irish suppliers.

“This record investment is a huge driver of economic growth, and this report demonstrates just how important supplier relationships are not only to the ongoing success of our business but to the 400 plus local producers that we work with and their employees across the country.”

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