Kerry Group Looks to Acquire Cargill’s Global Flavours Business
Kerry Group, the Irish and international ingredients, flavours and consumer foods group, is in exclusive discussion with Cargill regarding the acquisition of the US giant’s global flavours business.
Cargill Flavor Systems has well established international flavour technology development expertise serving a global customer base through provision of flavour ingredients and flavour systems for beverage, dairy, sweet and savoury applications. Through its network of modern integrated flavour development and application centres spanning 22 countries in North and South America, Europe, South Africa and Asia, Cargill Flavor Systems has long-standing relationships with leading global food and beverage manufacturers.
“Kerry is a leading global food ingredients and flavours provider and a leader in development and delivery of consumer preferred taste solutions. The acquisition of Cargill Flavor Systems would again advance Kerry’s capability to provide unrivalled innovative integrated customer solutions across all food and beverage end-use-markets and extend the Group’s market spread in emerging markets,” comments Stan McCarthy, chief executive of Kerry Group.
