Kerry close to completing its two summer mega-deals

Galtee and Denny are among the brands group will sell to US multinational

Kerry Group will sell its meats and meals business to  Pilgrim’s Pride for €819m.

Kerry Group is set to formally complete the two mega-deals – one acquisition and one divestment – it announced during the summer.

The €819m sale of Kerry’s meats and meals business, comprising the bulk of its consumer foods arm, to US food multinational Pilgrim’s Pride has been approved by the Competition and Consumer Protection Commission (CCPC).