Kerry Group plans to buy two food seasoning firms in the US for €325m that it says will enhance its group of natural ingredient firms.

Kerry Group has lost a major contract for its convenience/ready-meals to supply Tesco stores in Britain.

Kerry Group is eyeing a major role in the rapidly growing foodservice market in Russia, having added to its presence in the country with the opening of its first production plant.

Kerry Group could spend up to €800m on acquisitions this year with management describing its potential mergers and acquisitions pipeline as being “as strong as we’ve ever seen it”.

Interim injunctions against a Kerry Group employee - who the company says has removed confidential information about its brewing ingredients business - are to continue for a week following an agreement between the parties, the High Court has heard.

Kerry Group has maintained its earnings growth forecasts for this year and reiterated its ability to spend further on acquisitions.

Kerry Group could have the ability to spend over €1bn on acquisitions this year, according to analysts, despite earnings likely to be hit by Brexit-related currency headwinds.

Kerry Group is expected to rely heavily on further acquisitions in a bid to meet its own ambitious growth targets over the next five years.

Kerry Group shares rose nearly 3% despite management cutting the upper limit of its full-year earnings expectations.

Kerry Group shares rose nearly 3% despite management cutting the upper limit of its full-year earnings expectations, writes Geoff Pervical.

Kerry Group has said it will make more acquisitions before the end of the year, with small bolt-on buys likely in the increasingly key Asia-Pacific region.

Outgoing Kerry Group boss Stan McCarthy yesterday pointed to bright times ahead for the Tralee-based diversified food group, as he prepared to formally hand the running of the company over to chief executive designate Edmond Scanlon.

Kerry Group has maintained its strong earnings growth outlook for 2017 on the back of a solid performance in the first three months of the year.

Workers at Kerry Group’s ‘Cheestrings’ production plant in Charleville are in line for a €1,000 goodwill payment each.

Kerry Group has dismissed speculation it might sell its consumer food arm by saying it remains “very, very committed” to it and still sees further growth opportunities arising from the division.

Members of the SIPTU union at Kerry Group plants in Charleville, Co Cork are to engage in two 24-hour work stoppages next week.

Two of Ireland’s largest food companies — Kerry Group and Glanbia — have seen an analyst upgrade on the back of strong quarterly updates showing they are weathering currency headwinds.

Kerry Group shares fell yesterday as the company held its annual general meeting in Tralee, Co Kerry, and reported “good business momentum” despite tough market conditions.

Investors in the Irish stock market should favour Irish firms that have less exposure to the UK — until the outcome of the British referendum on membership of the EU is known, Merrion Capital has said in a major report.

Kerry Group has boosted its core ingredients and flavours business and upped its presence in the growing nutritional solutions market, via the purchase of three US businesses for a combined $735m (€645m).

Ray Ryan reports on the new era for Irish food development, heralded with the formal opening of Kerry Group’s new innovation centre in Naas.

The Taoiseach Enda Kenny’s visit to the new Kerry Group centre in Co Kildare did not go according to plan after he got stuck in a lift.

Kerry Group is set to spend over €500m on acquisitions this year, with chief executive Stan McCarthy saying the group is very busy in the takeover market.

Challenger companies are businesses that disrupt existing markets and dare to compete with much larger, incumbent organisations. 

Limerick is destined to become the country’s most advanced city, but it must keep “the shoulder to the wheel” to get there, former Kerry Group chief Denis Brosnan said yesterday.

On Friday next, June 12, our company and Enterprise Ireland is hosting its second Irish Agrifood Investor Summit in Dublin. This year it is targeted at companies and co-ops especially the SME sector.

Kerry Group is to invest much of its capital resources into driving organic growth this year but has said its acquisition pipeline remains strong, with an estimated €1bn available to spend.

Kerry Group has maintained its growth forecasts for 2014, despite currency headwinds dragging down first-quarter revenues by nearly 2%.