Girish Mahajan (Editor)

Kerry Group

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Type
  
Public company

Net income
  
€525.4 million (2015)

Operating income
  
€662.7 million (2015)

Revenue
  
6.104 billion EUR (2015)

Kerry Group wwwkerrygroupcomsitefilescmstemplatesimages

Traded as
  
ISEQ: KRZ, LSE: KYGA, OTC Pink: KRYAY

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

Stock price
  
KRYAF (OTCMKTS) US$ 79.10 0.00 (0.00%)10 Mar, 4:00 PM GMT-5 - Disclaimer

Headquarters
  
Tralee, Republic of Ireland

CEO
  
Stan McCarthy (1 Jan 2008–)

Founded
  
1972, Listowel, Republic of Ireland

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

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:

  • ingredients and flavours
  • consumer foods
  • agribusiness
  • Notable brands

    Brands include:

  • Low Low
  • Cheestrings
  • Dairygold
  • Charleville
  • Denny
  • Richmond
  • Wall's
  • Mattessons
  • Fire & Smoke
  • Yollies
  • Big Train
  • References

    Kerry Group Wikipedia


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