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Tag "Kerry Group"

Yollies packed in Amcor’s stay fresh pods are winners at The UK Packaging Awards 2015

    Yollies packed in Amcor’s stay fresh pods are winners at The UK Packaging Awards 2015

Kerry Foods innovative Yollies packed in Amcor’s stay fresh pods are winners at The UK Packaging Awards 2015 in the prestigious Best Packaging of a New Product category.
It’s not every day such an innovative product as Kerry Foods Yollies comes to market. Yollies is a yogurt on a stick designed for children’s lunchboxes. It is […]

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Solid First Half From Kerry Group

    Solid First Half From Kerry Group

Kerry Group has reported a solid business performance for the half year ended 30 June 2012 and increased guidance for full year. The global ingredients, flavours and consumer foods group increased revenue by 10% (2.5% on a like-for-like basis) to Eur2.9 billion and trading profit by 12.6% to Eur241 million. Notwithstanding the increased level of […]

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Kerry Ingredients & Flavours Opens New Emulsifier Plant in the Netherlands

    Kerry Ingredients & Flavours Opens New Emulsifier Plant in the Netherlands

Kerry Ingredients & Flavours has opened a new emulsifier plant in Zwijndrecht, The Netherlands. The new facility doubles the installed capacity for emulsifiers in The Netherlands and broadens the technology offering of Kerry in Europe to include distilled product types. It will also absorb volumes which are currently produced in Kerry’s emulsifier plant in Port […]

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Kerry Group’s Trading Profits Reach €500 Million Milestone

    Kerry Group’s Trading Profits Reach €500 Million Milestone

Despite the tough trading environment, Kerry Group, the global ingredients, flavours and consumer foods manufacturer, has increased trading profit by 7.1% on a like-for-like basis to Eur5001 million on sales up 6.4% to Eur5.3 billion for the year ended 31st December 2011.
The group’s ingredients & flavours businesses grew steadily in all regions benefiting from Kerry’s breadth […]

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Kerry Group Completes $230 Million Acquisition

    Kerry Group Completes $230 Million Acquisition

Kerry, the global ingredients, flavours and consumer foods group, has completed the acquisition of Cargill’s global flavours business. Cargill Flavor Systems with annual revenues of approximately $200 million was acquired for a total consideration of $230 million. The acquisition strengthens Kerry’s capability to provide integrated customer solutions across all food and beverage end-use-markets.
 
Cargill Flavor Systems […]

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Kerry Group Acquiring Cargill’s Global Flavours Business For $230 Million

    Kerry Group Acquiring Cargill’s Global Flavours Business For $230 Million

Kerry Group, the global ingredients and flavours and consumer foods group, has agreed to acquire Cargill’s global flavours business for $230 million. Cargill Flavor Systems has annual revenues of approximately $200 million.
 
Cargill Flavor Systems has well-established international flavour technology development expertise serving a global customer base through provision of flavour ingredients and flavour systems for […]

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Kerry Group to Expand its Sweet Ingredients and Flavours Business

    Kerry Group to Expand its Sweet Ingredients and Flavours Business

Kerry, the global ingredients, flavours and consumer foods group, is acquiring SuCrest to significantly expanding its sweet ingredients and flavours business in the EMEA (Europe, Middle East and Africa) region. SuCrest, with production and product development facilities located in Hochheim, Germany and Vitebsk, Belarus and a SuCrest sales representative office in Moscow, is a leading […]

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Solid Interim Performance By Kerry Group

    Solid Interim Performance By Kerry Group

Kerry Group, the global ingredients, flavours and consumer foods business, has increased pre-tax profit by 8.0% to Eur175m for the first half ended 30th June 2011 compared to the corresponding period in 2010. Group sales revenue increased to Eur2.6b, reflecting like-for-like (LFL) growth of 8.4%. Business volumes grew by 3.6% with product pricing/mix increasing by […]

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Kerry Group Looks to Acquire Cargill’s Global Flavours Business

    Kerry Group Looks to Acquire Cargill’s Global Flavours Business

Kerry Group, the Irish and international ingredients, flavours and consumer foods group, is in exclusive discussion with Cargill regarding the acquisition of the US giant’s global flavours business.
Cargill Flavor Systems has well established international flavour technology development expertise serving a global customer base through provision of flavour ingredients and flavour systems for beverage, dairy, sweet […]

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Strong Showing by Kerry Group

    Strong Showing by Kerry Group

Kerry Group, the international ingredients, flavours and consumer foods manufacturer, increased revenue by 9.7% to Eur5.0b in 2010 and trading profit by 11.3% to Eur470m, resulting in an improvement of 20 basis points in group trading profit margin to 9.5%. On a like-for-like basis, revenue rose by 4.6%. Adjusted profit before tax increased by 16.2% […]

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Kerry Group to Close Welsh Frozen Food Factory

Kerry Group, the Irish and international food ingredients and consumer foods manufacturer, is to close its own label frozen foods factory at Flint in Wales with the loss of 318 jobs. The site is part of Headland Foods, which makes two million ready meals a week between its factories in Flint and Grimsby, Lincolnshire.
Headland Foods […]

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Glanbia Expands Irish Milk Business

    Glanbia Expands Irish Milk Business

Glanbia, the international nutritional ingredients and cheese group, is expanding its Irish dairy business with the acquisition of the Limerick-based Dawn liquid milk business from Kerry Group in a deal believed to be worth about Eur10m. Glanbia will take control of the Limerick plant, which employs about 160 people, and the Dawn Milk and Golden […]

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

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 […]

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Solid First Half Profitable Growth By Kerry Group

    Solid First Half Profitable Growth By Kerry Group

Kerry Group, the global ingredients, flavours and consumer foods manufacturer, has achieved strong profitable growth in the first half of 2010 with trading profit up 12.9% to Eur204m and sales revenues increasing by 6.7% and 2.7% on a like-for-like basis to Eur2.4b. Profit before tax increased to Eur162m from the 2009 first half level of […]

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Kerry Group confirms offer for Newmarket Co-operative Creameries Limited

    Kerry Group confirms offer for Newmarket Co-operative Creameries Limited

Kerry Group, the global ingredients & flavours and consumer foods group, today confirmed the terms of its offer to acquire the entire issued share capital of Newmarket Co-operative Creameries Limited for a price of €421 per share.
The offer values the entire issued ordinary share capital plus debt of Newmarket Creameries at approximately €33m.
Newmarket Creameries, located […]

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Kerry Group Confirms Offer For Newmarket Co-operative Creameries

    Kerry Group Confirms Offer For Newmarket Co-operative Creameries

Kerry Group, the international ingredients, flavours and consumer foods group, has confirmed the terms of its offer to acquire Irish dairy processor Newmarket Co-operative Creameries for approximately Eur33m. The offer is subject to approval by Newmarket shareholders and by the Competition Authority of Ireland.

Stan McCarthy, chief executive of Kerry Group.
Newmarket Creameries, located in North Cork, […]

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