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KRYAY Kerry Group Plc (PK)

105.184
1.52 (1.47%)
28 Feb 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Kerry Group Plc (PK) USOTC:KRYAY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  1.52 1.47% 105.184 103.13 106.28 106.1844 104.53 104.53 6,038 22:00:00

Kerry Group to Buy Majority Stake in C-LEcta for EUR137 Million; Acquired Enmex in Dec for EUR62 Million

15/02/2022 8:12am

Dow Jones News


Kerry (PK) (USOTC:KRYAY)
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From Mar 2020 to Mar 2025

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By Kyle Morris

 

Kerry Group PLC said Tuesday that it has reached agreement to acquire around 92% of c-LEcta GmbH for 137 million euros ($154.9 million), and that it acquired Enmex SA de CV on Dec. 14 for EUR62 million.

The Ireland-based food company said the deal for c-LEcta, a biotechnology innovation company, is strategically important and will accelerate Kerry's innovation capabilities in enzyme engineering, fermentation and bio-process development.

Enmex is a enzyme manufacturer based in Mexico, supplying multiple bio-process solutions for food, beverage and animal-nutrition markets, Kerry said. Enmex's enzyme portfolio and manufacturing infrastructure will extend Kerry's fermentation and enzyme manufacturing capabilities into Latin America, it said.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

February 15, 2022 02:57 ET (07:57 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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1 Year Kerry (PK) Chart

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