Archive of all Kerry Group articles
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News
City snapshot: Kerry completes transformation into ingredients player with €500m sale of Irish dairy operation
Kerry Group has agreed to sell its Irish dairy operation to Kerry Co-Operative Creameries for €500m (£415m) in a move that completes its transformation into a pure play ingredients company. Plus, the latest Kantar supermarket data, a trading update from McBride and half-year results from Cake Box
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News
City Snapshot: Unilever’s shares rise after beating expectations
Unilever and Danone both beat third-quarter sales expectations thanks to selling more products. Also, Kerry Foods continues to battle deflation, and Applied Nutrition announces its valuation before the IPO on Thursday
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City snapshot: Kerry Group sales fall after ‘challenging’ 2023
Irish dairy and nutrition producer Kerry Group has posted an 8.6% drop in sales as disposals and challenging conditions for its dairy business hit headline revenues
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News
Kerry Group acquires Shanghai Greatang Orchard Food Co
Kerry Group has announced the acquisition of 100% of China-based foodservice player Shanghai Greatang Orchard Food Co
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News
Kerry expands Pure plant-based range into vegan cheese
The brand has launched a trio of coconut oil-based cheese alternatives
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News
Kerry Group continues ingredients push with $108m acquisition of Kraft Heinz powdered cheese business
The deal for the B2B powdered cheese business – which is part of Kraft Heinz’s ingredients division – includes a factory in Minnesota in the US and 62 employees.
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News
City Snapshot: Food and drink reformulation drives Kerry Group sales surge
Kerry Group has posted double-digit first half growth on higher sales volumes and prices as demand for ingredients to drive food and drink reformulation drove increased sales
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News
Pilgrim’s kills off Taste & Glory brand to focus on Richmond
The brand was launched as Naked Glory in 2019, but had faced stiff competition in a booming plant-based category
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News
Kerry Group suspends operations in Russia and Belarus
Irish nutrition company Kerry Group has suspended its operations in Russia and Belarus following Russia’s invasion of Ukraine
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News
Richmond launches into snacking with Minis sausage range
The seasoning of Richmond Minis replicates the recipe of the brand’s original pork sausages
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News
City snapshot: Kerry Group agrees €137m deal for German biotech firm
Kerry Group has agreed a €137m deal to by German biotechnology company c-Lecta as it builds its presence in the food and nutrition technology space
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News
Plant-based category will reach £1bn, predicts Richmond owner
Pilgrim’s Food Masters said it was expecting ‘robust momentum’ across the plant-based category
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News
Kerry Group’s meats and meals business is rebranded as Pilgrim’s Food Masters
It follows the £703m acquisition of the business by Pilgrim’s Pride in June
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News
Richmond enters meal kit category for first time with toad in the hole NPD
The sausage brand’s new product rolled into into Asda and Morrisons on 13 September
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News
Taste & Glory moves to shake up meat-free lunchtimes with vegan Deli Slices
The plant-based brand said there was a gap in the market for “truly delicious” meat-free lunchtime options
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News
City snapshot: Kerry Group sales and profits rise as foodservice rebounds
Kerry Group has reported a strong rise in revenues and profits in the first half of its financial year as it continues to shake-up its portfolio
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News
Kerry adds Frollies to Strings & Things lineup
The NPD is a fruit smoothie on a stick, described as a ‘first of its kind’ by the supplier
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Analysis & Features
Why did Pilgrim’s Pride pounce on Kerry’s meat business?
What made the deal a good fit for both parties? And what next?
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News
Kerry Group agrees €853m acquisition of preservatives maker Niacet
It follows an announcement on Friday that the Irish group had agreed to sell its UK and Ireland consumer foods business to Moy Park owner Pilgrim’s Pride
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News
Kerry agrees €819m sale of meats and meals business to Pilgrim’s Pride
Kerry Group has agreed to sell its UK and Ireland meats and meals business to Pilgrim’s Pride to focus on its taste and ingredients business