Kerry Group plc (“Kerry”), the global taste & nutrition company, today announces that it has reached agreement to acquire Hare Topco, Inc. trading as Niacet Corp. (“Niacet”) from an affiliate of funds advised by SK Capital Partners, LP ("SK Capital") and other shareholders for €853m ($1,015m¹) on a cash-free, debt-free basis, subject to customary closing adjustments.
Every day millions of people throughout the world consume food or beverage products containing our taste and nutrition solutions.
149Manufacturing locations globally
>1 billionConsumers reached with Kerry products
Since our modest beginnings in 1972, in a greenfield site in Listowel, Co. Kerry, Ireland we have grown from strength to strength to become a leading player in the global food and beverage industry.
This journey has been one of dynamic growth and strategic acquisition, guided by our in-depth understanding of international market dynamics, insights into consumer trends, shifting taste preferences and evolving nutritional requirements.
As an organisation, we never stand still and are clear with our colleagues, customers and stakeholders; who we are, what we do, how we do it, where we are going and why we matter – we call this The Kerry Way.
Kerry Taste & Nutrition is the global leader in the development of taste and nutrition solutions for the food, beverage and pharmaceutical markets. Its broad technology foundation, customer-centric business model, and industry-leading integrated solutions capability makes Kerry the co-creation partner of choice.
Kerry Foods, the Group's Consumer Foods division, has grown its presence with retail partners primarily in the Irish and UK markets. It is a leader in its categories in the chilled cabinet.