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Kerry Group suspends discussions with UK dairy business amid review Thu, 15th Apr 2021 17:51 (Alliance News) - Kerry Group PLC on Thursday announced talks with Kerry Co-Operative Creameries Ltd, its dairy-related business in Ireland and the UK, have been suspended. Kerry Group in February announced it is conducting a strategic review of dairy-related businesses in the UK and Ireland, saying that the review may have led to a transaction in the coming months. The Ireland-based food company confirms that discussions with Kerry Co-Operative Creameries around the potential transaction have been suspended. While the strategic review continues, there is no certainty that this will lead to a transaction and a further update on the strategic review process will be communicated later this year, Kerry Group said. ....
Kerry Group Is Said to Weigh Options for Consumer Food Unit Bloomberg 12/18/2020 Dinesh Nair, Myriam Balezou and Andrew Noël (Bloomberg) Kerry Group Plc is considering strategic options for its consumer food business, home of the popular Richmond sausages brand, in a move that could free up money for acquisitions, people familiar with the matter said. The Irish company is reviewing its ownership of Kerry Foods, which sells chilled meat and dairy products, according to the people. It could pursue a sale or spinoff of part or all of the business next year if it decides to proceed, the people said, asking not to be identified because the information is private. ....
Kerry Group Is Said to Weigh Options for Consumer Food Unit Bloomberg 12/18/2020 Dinesh Nair, Myriam Balezou and Andrew Noël (Bloomberg) Kerry Group Plc is considering strategic options for its consumer food business, home of the popular Richmond sausages brand, in a move that could free up money for acquisitions, people familiar with the matter said. The Irish company is reviewing its ownership of Kerry Foods, which sells chilled meat and dairy products, according to the people. It could pursue a sale or spinoff of part or all of the business next year if it decides to proceed, the people said, asking not to be identified because the information is private. ....