Kerry news

Kerry Group is considering the sale of the trade and assets of its Sweet Ingredients Portfolio for €500 million to IRCA.

Click [subscribe](https://www.esmmagazine.com/subscribe) to sign up to ESM: European Supermarket Magazine. We look forward to helping the Sweet Ingredients Portfolio realise its full potential as part of the IRCA family." [A-Brands](https://www.esmmagazine.com/a-brands) news. [acquisition](https://www.esmmagazine.com/tag/acquisition) of Kerry's Sweet Ingredients Portfolio will help ICRA create a leading company in semi-finished food ingredients with around €1 billion in revenues, an international footprint, and a significant presence in the US. [Ireland](https://www.esmmagazine.com/tag/ireland)'s [Kerry Group](https://www.esmmagazine.com/tag/kerry-group) is [considering](https://otp.tools.investis.com/clients/uk/kerry_group2/rns/regulatory-story.aspx?cid=769&newsid=1658563) the sale of the trade and assets of its Sweet Ingredients Portfolio for €500 million to [IRCA](https://www.esmmagazine.com/tag/icra), a maker of chocolate, creams and other semi-finished food ingredients. [cereal products](https://www.esmmagazine.com/tag/cereals) by implementing a range of technological measures and primarily serves the end markets of bakery, cereal, confectionery, dairy and ice cream in [Europe](https://www.esmmagazine.com/tag/europe) and the [US](https://www.esmmagazine.com/tag/us).

A tractor and tanker stolen from County Kerry earlier this week have been found by police in Keady, South Armagh - more than 250 miles away.

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Kerry may have its first National Lottery winner of the year after a shop in the county sold a Lotto Plus 1 top-prize-winning ticket.

If you have the winning numbers, phone 1800 666 222 or email [email protected]. The name of the shop in which the ticket was sold will not be revealed until tomorrow, Friday, the National Lottery has said. Kerry may have its first National Lottery winner of the year after a shop in the county sold a Lotto Plus 1 top-prize-winning ticket.

The combined IRCA and Kerry's sweet ingredients portfolio is expected to create a global leader in semi-finished food ingredients with about €1 billion in ...

The combined IRCA and Kerry’s sweet ingredients portfolio is expected to create a global leader in semi-finished food ingredients with about €1 billion in revenues. This acquisition would represent a strong fit with our portfolio, with its highly complementary product and technological capabilities, and help us to become a truly global player.” “We are pleased to have entered exclusive negotiations with IRCA, who have a strong track record of developing their business within the category,” said Edmond Scanlon, CEO of Kerry Group, in a press release. “The sweet ingredients portfolio is a high-quality business with a differentiated set of technologies, and we are excited to welcome their talented team who, we believe, share our passion and drive to deliver the best for their customers and consumers. Kerry’s sweet ingredient portfolio has an operational footprint that covers four manufacturing facilities in the U.S. Kerry Group has entered into exclusive negotiations with IRCA, an international leader in chocolate, creams, and other semi-finished food ingredients, to sell the trade and assets of its sweet ingredients portfolio.

The Kerry GAA Supporters Club social will be held at Ballygarry House Hotel on Saturday 21st January at 7pm. Guests, Jack ó Connor, Seán Ó Shea, ...

Tickets €50 from club members. The Kerry GAA Supporters Club social will be held at Ballygarry House Hotel on Saturday 21st January at 7pm. Music by Uí Bhriain.

The portfolio incorporates a range of products spanning sweet particulates, chocolate confections, baked inclusions, variegates and fruit purées. The ...

“We are pleased to have entered exclusive negotiations with IRCA, with a strong track record of developing their business within the category. “We are delighted to partner with Kerry on this transaction and look forward to its successful conclusion. We are excited to welcome their talented team who, we believe, share our passion and drive to deliver the best for their customers and consumers,” adds Massimo Garavaglia, CEO of IRCA. The combination of IRCA and Kerry’s Sweet Ingredients Portfolio is expected to create a global leader in semi-finished food ingredients with around €1 billion (US$1 billion) in revenues, an international footprint and a significant presence in the US. Kerry says the Sweet Ingredients Portfolio is a leading manufacturer of sweet and cereal products with a wide range of technological capabilities, primarily serving the end markets of bakery, cereal, confectionery, dairy and ice cream in Europe (UK, the Netherlands, Germany and France), and the US (Illinois, Kansas, Missouri, and California). [Kerry](https://www.foodingredientsfirst.com/supplier-profiles/kerry.html) Group has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA, a global key player in chocolate, creams, and other high-quality semi-finished food ingredients, for a consideration of €500 million (US$538 million).

Overnight, the Lotto player scooped up the massive prize – and the National Lottery are asking players to check their tickets carefully. They are the third ...

on pause Overnight, the Lotto player scooped up the massive prize – and the National Lottery are asking players to check their tickets carefully. The National Lottery are asking Kerry players to check their tickets.

Kerry Fine Gael TD Brendan Griffin says he's been the subject of threats in the past, including a constituent calling to his house unannounced and acting ...

Deputy Griffin said a constituent also came to his house unannounced, acting aggressively, and he has had to contend with people disrupting his clinics and office work on a number of occasions. Kerry Fine Gael TD Brendan Griffin says he’s been the subject of threats in the past, including a constituent calling to his house unannounced and acting aggressively. Independent TD Michael Healy-Rae and Sinn Féin Deputy Pa Daly also said they have been the subject of aggressive behaviour or threats in the past.

There was joy in the Kingdom as one lucky Lotto player in Co Kerry scooped up €1m in Wednesday's Lotto. The winner has become the third millionaire to be ...

The winning numbers in Wednesday’s Lotto Plus 1 draw were: 8, 11, 26, 27, 38 and 45 and the bonus was 43. Lotto bosses are now appealing to players, especially those in Kerry, to check their lottery tickets carefully. The newly-turned millionaire took home the top prize in the Lotto Plus 1 draw.

Kerry Group has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA for €500 million.

CEO of Kerry Group, Edmond Scanlon says they are pleased to have entered exclusive negotiations with IRCA, who have a strong track record of developing their business within the category. The Sweet Ingredients Portfolio covers four manufacturing facilities in the US - in Illinois, Kansas, Missouri, and California; and six facilities across the UK, the Netherlands, Germany and France. Kerry Group has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA for €500 million.

'Our next problem is we have the high tide around 8pm tonight,' says George Sugrue who is battling the deluge outside Tralee.

And we use the small pumps to then to pump out the house.” “I have to keep both pumps going all the time.” We really cannot do any more to alleviate the problem. The retired Bus Éireann driver readied two water pumps and got to work. “Our next problem of course is we have the high tide around 8pm tonight, and it will probably back up the Lee and hit us again.” In the case of Mr Sugrue, [heavy rain](https://www.irishexaminer.com/weather/) backed up by spring tides has caused the flooding.

If negotiations are successful, the sale is expected to close in the first half of 2023. IRCA is a Europe-based manufacturer of chocolate, creams and semi- ...

The first one, the $900 million [sale of its Savory Solutions Group](https://www.fooddive.com/news/iff-sells-savory-solutions-group-pai-partners/639277/), has already been announced. Hansen [sold its natural colors business](https://www.fooddive.com/news/chr-hansen-to-sell-its-natural-colors-business-to-pe-group-for-940m/586170/). [would announce three major divestments](https://www.fooddive.com/news/iff-job-cuts-restructuring/638276/) in the first quarter of 2023 to bring the company $1.2 billion to put toward its debts. [reaching more than 2 billion people a day](https://www.fooddive.com/news/kerry-plans-to-reach-more-than-2b-people-a-day-with-its-ingredients-by-2030/586605/) with its ingredients by 2030, and M&A seemed to be a big part of the company’s path to get there. Kerry projected in the full year of 2022, the segment had revenues of 405 million euros ($435.6 million) and earnings before interest, taxes, depreciation or amortization of 41 million euros ($44.1 million). In 2020, the company shared its goal of Molins told the newspaper the deal would produce attractive multiples, helping Kerry further expand into higher-growth categories including food waste, clean labels, plant-based, personalized nutrition and improved taste. - While selling off different units has been a strategy for ingredient companies to become more focused, this is Kerry’s first large sale in some time. IRCA is a Europe-based manufacturer of chocolate, creams and semi-finished food ingredients owned by private equity firm Advent International. - Kerry’s sweet ingredients portfolio includes sweet and cereal products, which serves bakery, cereal, confectionery, dairy and ice cream markets in the U.S. and Europe. If negotiations are successful, the sale is expected to close in the first half of 2023.

The portfolio serves bakery, cereal, confectionery, dairy and ice cream markets in Europe and the United States. IRCA is internationally active in chocolate ...

The portfolio has four manufacturing facilities in the United States and six facilities across the United Kingdom, The Netherlands, Germany and France. The sweet ingredients portfolio was expected to attribute revenues of €405 million and EBITDA of €41 million ($44 million) to Tralee-based Kerry Group in the fiscal year ended Dec. The portfolio serves bakery, cereal, confectionery, dairy and ice cream markets in Europe and the United States.

Kerry Group has announced that it has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA.

[here](https://www.checkout.ie/a-brands). [confectionery](https://www.checkout.ie/tag/confectionery), [dairy](https://www.checkout.ie/tag/dairy) and ice cream in [Europe](https://www.checkout.ie/tag/europe) and the [US](https://www.checkout.ie/tag/us). The potential sale is expected to close in the first half of 2023 following the employee consultation and information processes and receipt of regulatory approvals. Massimo Garavaglia, CEO of IRCA, added, "The Sweet Ingredients Portfolio is a high-quality business with a differentiated set of technologies, and we are excited to welcome their talented team who, we believe, share our passion and drive to deliver the best for their customers and consumers. [Kerry Group](https://www.checkout.ie/tag/kerry-group) has announced that it has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA, an international leader in [chocolate](https://www.checkout.ie/tag/chocolate), creams, and other high-quality semi-finished food ingredients, for a consideration of €500 million. [Edmond Scanlon](https://www.checkout.ie/tag/edmond-scanlon), CEO of Kerry Group, commented, "We are pleased to have entered exclusive negotiations with IRCA, who have a strong track record of developing their business within the category.