Welcome! Register or Login

Article Details

Recruiters and Employers - Login Here

Advertise with us!

Featured Recruiters

Goodman Fielder

Goodman Fielder New Zealand is one of the largest branded food manufacturers and suppliers in New Zealand, serving customer needs with a portfolio...

Müller Dairy UK Ltd

When yogurt-loving Ludwig Müller first established his little Bavarian village dairy back in 1896, he could scarcely have imagined the staggering...

Jarvis Johnson Ltd

Jarvis Johnson are one of the leading providers of permanent recruitment and interim management services to the Food Manufacturing industry...

Ingredients Recruitment Ltd

Ingredients Recruitment Ltd specialises in three key areas for the Food & Drink industry - Commercial, Technical & Operations...

Be Personnel Ltd

Be Personnel was created to offer both clients and candidates a personal, professional & effective recruitment and job search service that meets...

Kerry buys Cargill flavour arm for €168m

by rte.ie/ - 23/09/2011

Kerry buys Cargill flavour arm for €168m

"Food group Kerry has agreed a deal to buy Cargill's global flavour business for $230m (€168m)."

In June, Kerry had said it was in exclusive talks with Cargill to acquire the flavours business.

Cargill Flavor Systems reported annual revenues of about $200m last year. It makes flavour ingredients and flavour systems for use in the drinks, dairy, sweet and savoury foods businesses. It has operations in France, the UK, South Africa, India, Malaysia, China, the US, Puerto-Rico, Mexico and Brazil.

Kerry says the deal will strengthen its capability to provide integrated customer solutions across all food and beverage markets and extend its market spread in emerging markets.

More Details: http://www.rte.ie/news/2011/0922/kerry-business.html