Kerry Group opens new €38m plant in South Africa as shares fall 4%          

Investors have been closely watching the company to see how it copes with the strains of an extraordinary period of increases in global commodity costs and consumer prices

Edmond Scanlon, chief executive at Kerry Group.

Kerry Group said it has officially opened Africa's "largest and most advanced" ingredient-flavours plant by opening its €38m facility in South Africa.

The Natal plant will service customers right across the continent, the foods giant said, hailing its sustainable credentials.