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€10.5m for Kerry milk suppliers in 2023 top-up

Kerry will pay an additional 0.9c/litre on milk supplied in 2023. ....

Kerry Group , Kerry Co , Kerry Co Operative Creameries Limited ,

Kerry producer group to open for membership within weeks

A new producer organisation of Kerry milk suppliers expects to be ratified and open for membership in the coming weeks. ....

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Kerry Group suspends transaction talks with co-op

Business Editor
Kerry Group has said negotiations with Kerry Co-Op over a potential transaction involving its dairy-related businesses in Ireland the UK have been suspended.
The development follows the stalling of talks on a possible dairy joint venture involving the two organisations, as part of a strategic review being conducted by Kerry Group.
The deal would have seen Kerry Co-Op take a 60% stake in the Kerry Group dairy-related businesses in Ireland the UK, with Kerry Group retaining the remaining 40%.
It also included an opportunity for the Co-Op to buy out Kerry Group s stake within five years.
However, there were divided views in the Co-Op about whether to proceed with the transaction, as it would have required it to raise hundreds of millions of euro from shareholders or other sources. ....

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Investegate |Kerry Group PLC Announcements | Kerry Group PLC: Statement re: Strategic Review Update

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Potential Kerry buy-out deal suspended

SHARING OPTIONS:
A further update on the strategic review is expected to be delivered later this year. \ Valerie O Sullivan
Discussions between Kerry Group and Kerry Co-Operative Creameries Limited in relation to a potential transaction have been suspended.
In a short statement, Kerry Group said it was conducting a strategic review of its dairy-related businesses in Ireland and the UK.
It said that while the strategic review continues, there is no certainty that this will lead to a transaction.
“Further update on the strategic review process will be communicated later this year,” a Kerry Group spokesperson said. ....

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