Tag Archives: Buyback

Kerry Co-op shareholders have approved the acquisition of dairy processing assets from Kerry Group in Killarney, Co Kerry. Farmers from across Munster convened at the Gleneagle Hotel’s INEC to vote on the transaction, resulting in the co-op purchasing Kerry Group’s dairy processing assets for €500 million. This agreement provides a path for farmers and shareholders to convert €1.4 billion worth of …

Farmers across Munster, who are shareholders in Kerry Co-op, will vote tomorrow on a proposal to repurchase the dairy processing assets of Kerry Group for €500 million. The deal, which involves the purchase of Kerry Group’s consumer foods and dairy ingredients business, Kerry Dairy Ireland, has several components. In addition to the buyback, the proposal offers Kerry Co-op’s nearly 12,000 …