Bringing home bacon: firm in €2m deal with McDonalds
McDONALD'S has agreed a deal with a Tipperary-based firm to supply bacon to its Irish restaurants for the next five years.
McDonald's Ireland will use bacon supplied by Dew Valley in Thurles as part of a deal worth at least €2m between now and 2018.
As part of the deal, Dew Valley will supply about nine million pieces of bacon – about 36 tonnes – to the fast-food chain per annum.
Announcing the agreement, Agriculture Minister Simon Coveney said it was a "significant vote of confidence in the Irish agri-food sector from McDonald's".
"While this contract is to supply McDonald's Ireland for now, there may be potential to supply McDonald's Europe, which is further good news.
"As global consumption of pigmeat products is expected to grow steadily over the period to 2020, the challenge for the Irish industry is to share in that growth," he said.
McDonald's Ireland managing director Adrian Crean said the partnership was "evidence that McDonald's is committed to supporting the Irish agri-food sector".
The fast-food giant's overall expenditure in the Irish economy on food, restaurants and labour costs was €283.7m in 2011.