At first, the Kerry co-op of dairy farmers invested in further processing to capture more value for its members’ milk in the 1970s. In the 1980s, it diversified to replicate the model with meat. The business it has just sold to Pilgrim’s Pride is effectively the descendant of the Duffy Meats and Henry Denny & Sons companies acquired in 1982. By making cheese, butter spreads, bacon and sausages, then moving deeper into the supply chain towards ready meals and snacks, it developed in-depth knowledge of the ingredients and industrial processes involved in producing those foods. After its introduction to the…

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