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Kerry Group announces Phase 1 completion of Kerry Dairy Ireland transaction
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Wednesday, 08 January, 2025, 16 : 00 PM [IST]
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Ireland
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Kerry Group plc, has announced that Phase 1 of its disposal of Kerry Dairy Holdings (Ireland) Limited to Kerry Co-Operative Creameries Limited, has been completed on December 31, 2024.
Edmond Scanlon, chief executive officer of Kerry Group, said, "Today marks a significant step in Kerry's history, becoming a pure play global business to business taste and nutrition company, with sustainable nutrition at its core, while also supporting our financial objectives of continued market outperformance, strong margin progression, and delivering greater returns for our shareholders. I would like to recognise the Kerry Dairy Ireland employees for their contribution to Kerry over the years and wish them the very best in the future.”
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