Kerry Group agrees €107.5m deal to acquire cheese business from Kraft Heinz

📆 2022/08/30 20:20:00
📰 businessposthq

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Kerry Group has agreed a deal of more than €100 million to acquire a powdered cheese business in the US. The Irish firm has reached a deal with Kraft Heinz, the US consumer foods conglomerate, to buy its B2B powdered cheese business for $107.5 million

Kerry Group, the taste and nutrition giant, has agreed a deal of more than €100 million to acquire a powdered cheese business in the US.

The Irish multinational announced on Tuesday it had reached a deal with Kraft Heinz, the US consumer foods conglomerate formed after the merger of Heinz and Kraft Foods in 2015, to buy its business to business powdered cheese business for $107.5 million .

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

South Africa South Africa Latest News, South Africa South Africa Headlines