Hilliard Lombard appointed as managing director of Valeo Foods
March 18
09:42
2016
Hilliard Lombard, the former head of Aryzta’s European and Asian business has been appointed as managing director of Valeo’s Irish operations.
Mr Lombard, who spent over a decade at Aryzta under chief executive Owen Killian, joined Valeo in recent weeks. He will report to Valeo’s chief executive, Séamus Kearney.
Valeo is backed by London-based private equity company Capvest. Last year, it paid Origin more than €86 million for a further 32 per cent stake in Valeo. The company’s investors also include Lioncourt Capital.
Its Irish brands include Chef sauces, Roma pasta and Odlums flour, as well as Jacob’s biscuits and Shamrock baking ingredients. It has staff of more than 1,000, about 800 of whom are based in Ireland.