Roebuck Foods Seeks €10m as It Eyes Climate Firms Glasport and Rumen Tech
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Roebuck Foods, a London-listed company with Irish roots, is looking to raise €10 million as it considers taking over two climate technology businesses. The company already owns shares in Glasport and Rumen Tech, and it wants to increase its stake in both firms.
Both companies make products that help reduce greenhouse gas emissions from farm waste. Agriculture is an important part of the Irish economy, and farming is also one of the largest sources of greenhouse gases in the country. For this reason, technologies that deal with animal and farm waste are receiving growing attention from investors and policymakers.
The move shows how Irish-linked businesses are looking for new opportunities in the climate sector. Roebuck Foods hopes that the funding will allow it to expand its involvement in these areas. However, the details of the planned deal, including the exact terms and timing, have not been fully confirmed.
It is not yet clear how the proposed investment will change the future of Glasport and Rumen Tech. Readers interested in this story should watch for further announcements from the company in the coming weeks.
Sources: The Irish Times
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