Kerry Group Acquires Cargill's Global Flavors Business

September 22, 2011
/ Print / Reprints /
/ Text Size+
Kerry Group entered into an agreement to acquire Cargill Flavor Systems for $230 million, subject to closing adjustments.

Kerry Group, the Ireland-based global ingredients, flavors and consumer foods group, entered into an agreement to acquire Cargill Flavor Systems, Cincinnati, for $230 million, subject to closing adjustments.

This acquisition will strengthen Kerry’s capability to provide integrated customer solutions across all food and beverage end-use markets and extend the group’s market spread in emerging markets.

Cargill Flavor Systems maintains well-established international flavor technology development expertise serving a global customer base through provision of flavor ingredients and systems for beverage, dairy, sweet and savory applications. The business has long-standing relationships with leading global food and beverage manufacturers and employs 700 people through its integrated flavor development and application centers in France, the UK, South Africa, India, Malaysia, China, United States, Puerto Rico, Mexico and Brazil.

Cargill recently introduced Vitex AYS stabilizers, a customizable functional system that enables dairy food manufacturers to manage raw material costs in yogurt while still providing consumers with the same creamy products they expect. Vitex AYS features modified food starch and hydrocolloids to create a cost-effective alternative to gelatin without affecting the flavor or texture of yogurt.

Vitex AYS stabilizers belong to Cargill's Vitex blends family of functional systems that offer processing efficiencies and cost-optimization advantages in new or reformulated food and beverage products. Vitex blends are designed to provide improved texture and body, optimum mouthfeel, sheen, clean flavor delivery, longer shelf-life and increased product stability.

"We share our customers' focus on cost management and operational efficiencies and understand the challenges dairy producers face in creating profitable products,” says Eric Zorn, product manager, Cargill Texturizing Solutions.

The transaction, which is subject to regulatory approval, is expected to be completed by year-end.

Did you enjoy this article? Click here to subscribe to Snack Food & Wholesale Bakery Magazine 

You must login or register in order to post a comment.



Image Galleries

James Skinner Baking

An inside look at James Skinner Baking, a modern artisan bakery famous for its Danish.

12/4/14 2:00 pm EST

How a DSD Solution with Sales Forecasting can reduce your Stale Percentages up to 50%

Expert presenters will address how you can improve your order accuracy and account service times and how sales forecasting DSD solutions can reduce your stale percentages.

Snack Food & Wholesale Bakery Magazine

SFWB december 2014

2014 December

December's Snack Food & Wholesale Bakery publication features our cover report: "The J. Skinner Difference" Plus Much More!

Table Of Contents Subscribe

Holiday Baked Goods

What type of baked goods do you buy the most of during the holidays?
View Results Poll Archive


Organic Production and Food Quality: A Down to Earth Analysis

Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings.  The title is a 'must-have' for everyone working within the food industry.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Facebook IconTwitter IconYoutube IconLinkedIn Icon

The Weekly Mix

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!