Type Public company Net income €525.4 million (2015) | Operating income Revenue 6.104 billion EUR (2015) | |
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Traded as ISEQ: KRZ, LSE: KYGA, OTC Pink: KRYAY Key people Stan McCarthy – Group CEOFlor Healy – CEO of Kerry FoodsGerry Behan – President & CEO of Kerry Ingredients & FlavoursBrian Mehigan Group CFO Products Food Ingredients and FlavoursCheese and cheese snacksReady mealSausagesCooked meatsDairy SpreadsWater and juices Stock price KRYAF (OTCMKTS) US$ 79.10 0.00 (0.00%)10 Mar, 4:00 PM GMT-5 - Disclaimer CEO Stan McCarthy (1 Jan 2008–) Profiles | ||
Kerry Group is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges.
Contents
- Kerry group opens new global technology centre
- History
- Operations
- Business structure
- Notable brands
- References
Kerry group opens new global technology centre
History
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%).
In March 2004 the company bought the Quest Food Ingredients Group, a food ingredients business, for US $440 million. Then in August 2005 the company acquired Noon Products, a supplier of Indian and Thai ready meals, for £124m.
In September 2011 the company acquired Cargill Flavor System, a manufacturer of food flavouring, for $230 million.
In February 2015 the company acquired Rollover, a supplier of hot dogs. 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.
Operations
Headquartered in Tralee, County Kerry, Ireland, the Group employs about 24,000 people in its manufacturing, sales and technical centres worldwide. Kerry's Global Headquarters is based in Naas, County Kildare at the groups' €100 million Global Technology and Innovation Centre which employs 900 people. Kerry supplies over 15,000 foods, food ingredients and flavour products to customers in more than 140 countries worldwide.
Business structure
The Group is divided into several business areas:
Notable brands
Brands include: