IRCA

Kerry to sell its Sweet Ingredients Portfolio to Advent International’s portfolio company, IRCA

January 12, 2023 by Asia Food Journal

Kerry Group plc today announces that it has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA (“the Potential Sale”), an international leader in chocolate, creams, and other high-quality semi-finished food ingredients, for a consideration of €500m1. The Potential Sale is subject to relevant regulatory approvals and routine closing adjustments. Employee consultation and information processes have commenced in relevant jurisdictions. The … [Read more...] about Kerry to sell its Sweet Ingredients Portfolio to Advent International’s portfolio company, IRCA

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