Advent International

Kerry to Sell Sweet Ingredients Portfolio to IRCA

by Shari Barbanel | January 24, 2023

Kerry Group (Ireland) has announced that it has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA, an international leader in chocolate, creams and other high-quality semi-finished food ingredients, for a consideration of €500m. The potential sale is subject to relevant regulatory approvals and routine closing adjustments. ...

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