Larry Goodman’s ABP Foods has become the first European company to sign a major deal to supply beef in the US since the lifting of the embargo.

The Louth-based processor has agreed to supply US giant Sysco, one of the world’s largest food distributors, in a deal said to be worth up to €15 million a year.

The company’s premium beef cuts will be sold to premium steak houses and restaurants through Sysco Metro New York and Sysco Boston, with the first shipments expected to commence next month.

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