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Kerry Group’s €33m Offer For Irish Cheese Maker Accepted

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Kerry Group’s €33m Offer For Irish Cheese Maker Accepted

September 14
13:31 2010

Global ingredients, flavours and consumer foods manufacturer Kerry Group has had its Eur33m offer for Newmarket Co-operative Creameries, the Irish cheese producer, accepted. Located in North Cork, Newmarket Co-operative has an annual manufacturing capacity in excess of 35,000 tonnes, and is a major supplier of cheese to Kerry Group’s branded cheese business. Completion of the transaction is subject to approval by the Competition Authority of Ireland.

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