‘Day will come when we will make a large acquisition’

KERRY Group will be in a position to complete a €1 billion acquisition by the end of 2010, according to chief executive Stan McCarthy.

However, he does not want the group to be distracted from a big or “highly leveraged acquisition” in the current year, he said.

“We’re experiencing very good organic growth and I don’t want to lose sight of that or distract the organisation from that,” he said.