Kerry Group to sell sweet ingredients division for €500m

The combination of IRCA and Kerry’s Sweet Ingredients Portfolio is expected to create around €1bn in revenue

CEO of Kerry Group, Edmond Scanlon. Picture Colm Mahady / Fennell Photography.

Food giant, Kerry Group has entered negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA for €500m. 

The global company is an international leader in chocolate, creams, and other high-quality semi-finished food ingredients.