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IFA National Livestock Chairman Henry Burns said it is incredible that the Minister for Agriculture Simon Coveney believes he has no role to play and ‘cannot get involved in’ the proposed investment by ABP in Slaney Meats and the lack of competition in the beef sector. Henry Burns said the Competition and Consumer Protection Authority has told IFA that there is nothing stopping Minister Coveney from having a view on the proposed merger and making a submission to the Authority on the matter.

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IFA National Livestock Chairman Henry Burns said cattle and sheep farmers have serious concerns on competition and the concentration of the kill with the proposed investment by the ABP Group in Slaney Meats and Irish Country Meats. He said ABP have confirmed that they are set to take a 50% stake in Slaney Foods, which involves the purchase of the Allen family stake in the business.

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Speaking from Brussels after a series of high-level meetings with the EU Commission, IFA Inputs Project Team Leader and Munster Regional Chairman James McCarthy said it is critical that the Commission takes action to address market concentration and the unbalanced power held by a small number of multinational input suppliers, particularly in the fertiliser industry.

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The IFA has requested that the EU Commissioner for Competition carry out a sector enquiry into the EU fertiliser industry, IFA President Eddie Downey has confirmed. He said the IFA submitted a formal case for an investigation into market concentration and lack of price transparency in the fertiliser industry to Commissioner Margrethe Vestager this week.

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