Kerry Group, an Irish taste and nutrition company, has agreed to acquire Hare Topco, Inc. trading as Niacet, a global organic salts producer, for €853 million. The sellers of Niacet are an affiliate of funds advised by SK Capital Partners and other shareholders. Niacet is engaged in developing technologies for preservation, serving the bakery and […]
Irish taste and nutrition solutions provider Kerry Group has agreed to divest its consumer foods’ meats and meals business in the UK and Ireland to American food company Pilgrim’s Pride for €819 million in cash. The meats and meals business provides convenience food solutions to major retailers. Its revenue in 2020 was €828 million, profit […]
Kerry Group, a US-based taste and nutrition company taste and nutrition company has expanded the Island Oasis beverage mixes with the launch of three new flavors – lemonade, wildberry, and peach. Furthermore, Kerry Group will be rolling out reformulated, clean-label margarita, pina colada, and strawberry beverage mixes. The new and enhanced products can either be […]
Kerry Group has confirmed that talks with Kerry Co-Operative Creameries pertaining to a potential transaction for its dairy-related businesses in Ireland and the UK have been suspended. The company in February 2021 had announced that it is carrying out a strategic review of the businesses, which has activities across taste and nutrition and consumer foods […]