Logo
Logo
  • Stories
  • Voices
  • Podcasts
  • Events
  • Search
  • Log In
  • Subscribe
  • Stories
  • Voices
  • Podcasts
  • Events

Follow Us

  • Search
  • Log In
  • Subscribe

Full coverage: Kerry Group

“Turning water into wine”: How Kerry Group beat the inflation wave

The Irish multinational has minimised the importance of physical ingredients in its technology-driven business model, insulating last year’s profits from rising food prices. A record US food safety fine to be imposed this year does not even register in annual accounts.

Thomas Hubert
16th Feb, 2023 - 5 min read

Kerry Group says it is “suspending” its Russian operation. We tried to find out what it means

As multinationals flee Moscow in the wake of the invasion of Ukraine, the Irish food giant argues it still has unspecified “legal obligations” in Russia and Belarus.

Thomas Hubert
7th Apr, 2022 - 3 min read

As labour shortages bite, Kerry Group offers a pay increase to appease a small number of staff

The food processing giant and Siptu have been battling over pay and benefits at a Co Cork factory for a long time. The outcome of their Labour Court case illustrates the growing tension on the employment market.

Thomas Hubert
22nd Nov, 2021 - 3 min read

Less food, more pharma: Morphing Kerry emerges largely unscathed from pandemic

Kerry Group has regained most of the ground lost to Covid-19. As it prepares to complete the sale of its consumer foods division, the core taste and nutrition business looks increasingly like a pharmaceutical multinational acquiring innovations to bolt onto a central industrial and commercial platform.

Thomas Hubert
30th Jul, 2021 - 5 min read

Kerry had a profitable meat business with strong brands – and it made sense to sell it

Kerry Group has agreed to sell its meats and meals business for €819 million to Pilgrim's Pride. Staple foods like bacon and sausages were the foundation on which Kerry built its empire, but the reality is that the technology-focused group no longer needs them.

S. Keyes and T. Hubert
18th Jun, 2021 - 4 min read

Kerry offers reassurances on M&A strategy. It should do the same on disposals

As the food technology group recovers from Covid-19, its chief executive Edmond Scanlon answered a series of questions on the way it picks, conducts and reports acquisitions. The future of its dairy and consumer foods businesses is far less clear.

Thomas Hubert
17th Feb, 2021 - 6 min read

Fact-checked: The anonymously-authored PDF that wiped €2bn off Kerry Group

An unknown organisation with no other apparent resources than an internet connection caused a brief but significant share price drop on Thursday. What is behind its claims against Kerry’s acquisition strategy?

S. Keyes and T. Hubert
12th Feb, 2021 - 13 min read

Spin-off talks value Kerry Group’s dairy processing business at three times Glanbia’s. Is it worth it?

The historic Kerry Co-op is in advanced talks with the wider food group to regain control of its domestic agribusiness. The deal is a high-stakes bet for the farmers, and part of a final focus on high-tech ingredients for Kerry Group.

Thomas Hubert
22nd Jan, 2021 - 4 min read

The Kerry Co-op project: How Civil War looting and curling at an ice-rink saved Kerry farmers from multi-million tax bills

Thousands of farmers in the co-op at the origin of Kerry Group were targeted by the tax authority over the status of so-called patronage shares. A new landmark case has revealed how the probe came unstuck.

Thomas Hubert
19th Oct, 2020 - 8 min read

High-tech ingredients have pushed Kerry Group’s market cap over €20bn. Should it exit consumer foods?

The Tralee-based food technology giant saw its EBITDA top €1 billion for the first time last year, according to yesterday’s results. After missing out on a mega-merger three months ago, is it time for Kerry to concentrate on what it is best at?

Thomas Hubert
19th Feb, 2020 - 7 min read
1 2 Next »
Logo
  • About
  • Contact
  • Terms and Conditions
  • Privacy

© 2023 Currency Media Limited

Sign In

Forgot your password?
Logo

Not a subscriber yet?

Create an account