Bord Bia chairman Michael Carey has launched a new angel investment group called The Company of Food, The Irish Times reports. Carey, who sold Jacob Fruitfield to Valeo Foods six months ago, netting himself €15 million in the process, has offices in Fitzwilliam Square in Dublin and is recruiting executives and advisors.
His wife, Alison Cowzer, is a Company of Food co-founder. The new venture will provide finance and strategic input for fledgling Irish food businesses. He told business reporter Ciaran Hancock that he hopes to make his first investment in the next six to eight weeks. Carey remains a shareholder in Valeo Foods.
