Kerry Group

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This article is about Kerry Group. For Kerry Properties, see Kerry Properties.
Kerry Group plc
Public company
Traded as ISEQKRZ, LSEKYGA, OTC Pink: KRYAY
Founded Listowel, Ireland (1972)
Headquarters Tralee, Ireland
Key people
Stan McCarthy – Group CEO
Flor Healy – CEO of Kerry Foods
Gerry Behan – President & CEO of Kerry Ingredients & Flavours
Brian Mehigan Group CFO
Products Food Ingredients and Flavours
Cheese and cheese snacks
Ready meal
Sausages
Cooked meats
Dairy Spreads
Water and juices
Revenue €5,756.6 million (2014)[1]
€608.4 million (2014)[1]
€479.9 million (2014)[1]
Slogan N/A
Website www.kerrygroup.com

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

History[edit]

Kerry started in 1972 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 $440m.[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 $ 735m[7]

Operations[edit]

Headquartered in Tralee, County Kerry, Ireland, the Group employs about 24,000 people in its manufacturing, sales and technical centres worldwide.[2] Kerry supplies over 15,000 food, food ingredients and flavour products to customers in more than 140 countries worldwide.[2]

Business structure[edit]

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

  • ingredients and flavours
  • consumer foods
  • agribusiness

Notable brands[edit]

Brands include:[8]

See also[edit]

References[edit]

  1. ^ a b c Preliminary Results 2014
  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. 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. ^ "Brands". Kerry Group. Retrieved 24 January 2016. 

External links[edit]