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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kerry Group Plc | LSE:KYGA | London | Ordinary Share | IE0004906560 | 'A'ORD EUR0.125 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.80 | 0.89% | 90.80 | 88.20 | 95.20 | 91.10 | 91.00 | 91.10 | 15,105 | 16:35:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Food Preparations, Nec | 8.02B | 728.3M | 4.1150 | 22.07 | 15.93B |
TIDMKYGA
RNS Number : 5014K
Kerry Group PLC
15 July 2011
news release
15 July 2011
Kerry Group in exclusive discussions to acquire Cargill's global flavours business
15 July 2011 - Kerry Group, the global ingredients & flavours and consumer foods group, today confirmed that the Group is in exclusive discussion with Cargill which may, or may not result in the Group's acquisition of Cargill's global flavours business.
Cargill Flavor Systems has well established international flavour technology development expertise serving a global customer base through provision of flavour ingredients and flavour systems for beverage, dairy, sweet and savoury applications. Through its network of modern integrated flavour development and application centres spanning 22 countries in North and South America, Europe, South Africa and Asia, Cargill Flavor Systems has long-standing relationships with leading global food and beverage manufacturers.
Commenting on the discussions to acquire Cargill's global flavour business, Kerry Group Chief Executive Stan McCarthy said "Kerry is a leading global food ingredients and flavours provider and a leader in development and delivery of consumer preferred taste solutions. The acquisition of Cargill Flavor Systems would again advance Kerry's capability to provide unrivalled innovative integrated customer solutions across all food and beverage end-use-markets and extend the Group's market spread in emerging markets".
-ENDS-
Contacts: Media Investor Relations Brian Mehigan, Frank Hayes, Director of Corporate Chief Financial Officer Michael Affairs Ryan, Head of Investor Relations Tel: +353 66 7182304 Tel: +353 66 718 2253 Email: Email: corpaffairs@kerry.ie investorrelations@kerry.ie Kerry Web Site: www.kerrygroup.com ==================================== ========================================
This information is provided by RNS
The company news service from the London Stock Exchange
END
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