Irish M&A Update 6th May 2025
1. Greencore Agrees to Acquire Bakkavor in £1.2 Billion Deal
Dublin-based food company Greencore has reached an agreement to acquire UK rival Bakkavor for £1.2 billion. The merger aims to create a combined entity with revenues of £4 billion, pending regulatory approval. The Irish Times
2. SymPhysis Targets US Launch Following Funding Success
Galway-based medtech startup SymPhysis is planning a US market launch by next year. The company, which specializes in medical devices for pleural effusion treatment, has recently secured significant funding to support its expansion plans. Silicon Republic
3. Cloudsmith Raises $23 Million in Oversubscribed Funding Round
Belfast-based software company Cloudsmith has secured $23 million in an oversubscribed funding round. The investment will be used to expand its global footprint and enhance its software supply chain management platform. Silicon Republic
4. Squid Loyalty Secures €1.7 Million Through Crowdfunding
Irish startup Squid Loyalty has raised €1.7 million via a crowdfunding campaign. The company offers a digital loyalty app aimed at small and medium-sized businesses, and the funds will support its growth and development. The Irish Times+12Silicon Republic+12Hot 100 Startups+12
5. Aerlytix Receives €455,000 for Aviation Fleet Optimization R&D
Dublin-based Aerlytix has been awarded €455,000 to support research and development in aviation fleet optimization. The funding will aid in advancing their analytics platform for the aviation industry. Silicon Republic
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