Kerry Group
 | |
| Public company | |
| Traded as | ISEQ: KRZ, LSE: KYGA, 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] | |
| 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
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 $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
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 foods, food ingredients and flavour products to customers in more than 140 countries worldwide.[2]
Business structure
The Group is divided into several business areas:[2]
- ingredients and flavours
- consumer foods
- agribusiness
Notable brands
Brands include:[8]
- Low Low
- Cheestrings
- Dairygold
- Charleville
- Denny
- Richmond
- Wall's
- Mattessons
- Fire & Smoke
- Yollies
- Big Train
See also
References
- 1 2 3 Preliminary Results 2014
- 1 2 3 4 "Kerry’s cathedral of discovery". Irish Examiner. 12 October 2015. Retrieved 24 January 2016.
- ↑ "Purchase-hungry Kerry Group buys Quest for $440m". Irish Emigrant. 3 March 2004. Retrieved 25 January 2016.
- ↑ "Kerry Group buys Noon Products". The Grocer. 9 August 2005. Retrieved 25 January 2016.
- ↑ "Kerry buys Cargill Flavor System for $230 million". Natural Products Insider. 23 September 2011. Retrieved 25 January 2016.
- ↑ "Kerry Group gobbles up hot dog supplier Rollover". The Telegraph. 24 February 2015. Retrieved 25 January 2016.
- ↑ "Kerry Group Buys Three Food Companies for $735 Million". Powder and Bulk Solids. 19 October 2015. Retrieved 25 January 2016.
- ↑ "Brands". Kerry Group. Retrieved 24 January 2016.
External links
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