Archive of all Kerry Group articles
Most recent first...
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News
City snapshot: Kerry Group profits up 8% as prices fall
Kerry said numerous markets remained subdued with performance normalising compared to recent history. Also, British wage growth accelerates
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News
Kerry Group sees profits boost ahead of dairy sell-off
Kerry agreed to sell its Irish dairy operation last year to help simplify the business to a pure ingredients company
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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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News
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?