Kerry partners with IBM in developing an AI tool that predicts trends in the F&B industry

November 22, 2019November 22, 2019 Food Business Africa

IRELAND – Kerry Group, in partnership with IBM recently launched a proprietary, predictive artificial intelligence (AI) tool, Kerry Trendspotter, to forecast future trends in food and beverage. The artificial intelligence tool is designed to improve […]

Kerry Group launches ‘Radicle’ plant-based food solutions

September 21, 2019September 25, 2019 Food Business Africa

IRELAND – Kerry Taste & Nutrition has launched the ‘Radicle by Kerry’ range of taste, nutrition and functional solutions as the company seeks to offer customers an integrated solution of plant based foods. The Radicle […]

Kerry Group half year revenues grow 10.7% to US$4bn buoyed by acquisitions

August 10, 2019August 10, 2019 Food Business Africa

IRELAND – Kerry Group, and Irish dairy cooperative, issued its financial results for the half year ended 30 June 2019 during which the groups revenue increased by 10.7% to US$4 billion (€3.6bn). The increase in […]

Kerry inaugurates new US$22.8m production facility in India

June 25, 2019June 25, 2019 Food Business Africa

INDIA – Global food ingredients company, Kerry Group has invested US$22.8 million (€20 million) in a new production facility in Tumkur, India to serve the food and beverage industry in the region. The 40,585 square […]

Kerry reports solid start to 2019 with 10.3% increase in revenues

May 3, 2019May 3, 2019 Food Business Africa

IRELAND – Kerry Group has reported 10.3% increase in revenues for the first three months of 2019, led by higher volume growth in the Taste & Nutrition division. Consumer Foods recorded 0.8% growth in volume […]

Kerry Group to acquire US ‘clean label’ businesses for US$368m

December 17, 2018December 17, 2018 Food Business Africa

USA – The food and ingredients giant, Kerry Group has announced that it will acquire Ariake USA,the North American business of Ariake Japan which specializes in manufacturing of natural food seasonings for US$368.43 million (€325 […]

Kerry Group to acquire Fleischmann’s Vinegar Company and AATCO Company

October 26, 2018October 26, 2018 Food Business Africa

USA – Kerry, the global taste & nutrition and consumer foods group, has announced it has reached agreement to acquire Fleischmann’s Vinegar Company Inc and AATCO Food Industries LLC. According to the company, these acquisitions […]

Kerry Group to invest in Wittstock breadcrumb factory to increase capacity

July 4, 2018 Food Business Africa

GERMANY – Food and ingredients company, Kerry Group will invest in its breadcrumb manufacturing site in Wittstock, Germany with an aim to increase both capacity and output. According to a report by Ireland’s RTE, Kerry […]

Kerry Group business volume grows by 3.7% boosted by acquisitions

May 7, 2018 Food Business Africa

IRELAND – Kerry Group, the consumer foods company has posted 3.7% growth in business volume, acquisitions contributing 4% in the first quarter ending March 31, 2018. The company said Taste & Nutrition segment grew 4.3%, […]

Kerry Group acquires Spanish marinades producer Hasenosa

April 4, 2018April 5, 2018 Food Business Africa

IRELAND – Kerry Group, an Irish food and nutrition company has acquired Spanish food firm Hasenosa, a Spain company which produces specialty flours, batters and tempuras for an undisclosed sum. The company, whose brands include […]