Kerry Group

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Kerry Group plc
Public limited company
Traded asISEQKRZ
LSEKYGA
Founded1972; 47 years ago (1972) in Listowel, Kerry, Ireland
HeadquartersTralee, Kerry, Ireland
Key people
Philip Toomey, (Chairman)
Edmond Scanlon, CEO
ProductsFood Ingredients and Flavours
Cheese and cheese snacks
Ready meal
Sausages
Cooked meats
Dairy Spreads
Water and juices
RevenueIncrease €6,607.6 million (2018)[1]
Increase €751.8 million (2018)[1]
Decrease €540.5 million (2018)[1]
Number of employees
25,255 (2018)[1]
Websitewww.kerrygroup.com

Kerry Group plc is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges.

Kerry's Main Factory in Listowel

History[edit]

Kerry was founded in 1972 in Listowel, County Kerry as a private company with three shareholders – state-owned Dairy Disposal Company (42.5%), a Federation of eight small farmer co-operatives in Kerry (42.5%) and Erie Casein Company Inc. from the US (15%).[2]

In March 2004 the company bought the Quest Food Ingredients Group, a food ingredients business, for US $440 million.[3] Then in August 2005 the company acquired Noon Products, a supplier of Indian and Thai ready meals, for £124m.[4]

In September 2011 the company acquired Cargill Flavor System, a manufacturer of food flavouring, for $230 million.[5]

In February 2015 the company acquired Rollover, a supplier of hot dogs.[6] Then in October 2015 the company acquired Red Arrow Products, Island Oasis and Wellmune, three businesses in the US taste and nutrition sector, for US $735 million.[7]

Operations[edit]

Headquartered in Tralee, County Kerry, Ireland, the Group employs about 25,000 people in its manufacturing, sales and technical centres worldwide.[2] Kerry's global headquarters is in Naas, County Kildare at the groups' €100 million Global Technology and Innovation Centre which employs 900 people.[8] Kerry supplies over 15,000 foods, food ingredients and flavour products to customers in more than 140 countries worldwide.[2] Kerry is a member of the European Flavour Association.[9]

Business structure[edit]

The Group is divided into several business areas:[2]

  • Taste
  • Dairy and Culinary
  • Meat
  • FI&A
  • Sweet & Cereal
  • Dry & Liquid Beverage

Notable brands[edit]

Brands include:[10]

See also[edit]

References[edit]

  1. ^ a b c d "Annual Report 2018" (PDF). Kerry. Retrieved 17 May 2019.
  2. ^ a b c d "Kerry's cathedral of discovery". Irish Examiner. 12 October 2015. Retrieved 24 January 2016.
  3. ^ "Purchase-hungry Kerry Group buys Quest for $440m". Irish Emigrant. 3 March 2004. Archived from the original on 1 February 2016. Retrieved 25 January 2016.
  4. ^ "Kerry Group buys Noon Products". The Grocer. 9 August 2005. Retrieved 25 January 2016.
  5. ^ "Kerry buys Cargill Flavor System for $230 million". Natural Products Insider. 23 September 2011. Retrieved 25 January 2016.
  6. ^ "Kerry Group gobbles up hot dog supplier Rollover". The Telegraph. 24 February 2015. Retrieved 25 January 2016.
  7. ^ "Kerry Group Buys Three Food Companies for $735 Million". Powder and Bulk Solids. 19 October 2015. Retrieved 25 January 2016.
  8. ^ "Kerry Group to create up to 900 jobs in Kildare". RTÉ News. 9 October 2012. Retrieved 30 June 2016.
  9. ^ "About EFFA". EFFA. Retrieved 3 March 2018.
  10. ^ "Brands". Kerry Group. Retrieved 24 January 2016.
  11. ^ "Kerry expands portfolio with three acquisitions in United States". Food Business News. Retrieved 19 May 2017.

External links[edit]