Kerry Group plc (“Kerry Group” or “Kerry”) announced that it has entered into an agreement with Kerry Co-Operative Creameries Limited (the “Co-Op”) to sell Kerry Dairy Holdings (Ireland) Limited (“Kerry Dairy Ireland”) to the Co-Op (the “Disposal”) for a total expected consideration of €500 million[1]. Kerry Dairy Ireland is fully owned by Kerry. Kerry Dairy Ireland consists of Dairy Consumer Products, with its leading range of well-loved brands across cheese, cheese snacks, dairy snacks, and … [Read more...] about Kerry Group to become a Pure Play Taste and Nutrition Company
Kerry Group
Kerry Group launches digital innovation hub for supplements
Kerry, a leader in taste and nutrition for the food, beverage, and pharmaceutical markets, today unveiled its new digital innovation hub for supplements. A one-stop-shop for customers, the hub will feature: “With this convenient all-in-one digital innovation hub, brands and manufacturers can quickly and easily access resources such as credible Kerry expert insights, proprietary market and research reports, to useful tools about Kerry science-backed proactive health ingredients,” said … [Read more...] about Kerry Group launches digital innovation hub for supplements
Kerry to sell its Sweet Ingredients Portfolio to Advent International’s portfolio company, IRCA
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
