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"The orange juice you might have had for breakfast, followed by rashers and sausages; the biscuit, or bun, you had for your elevenses; the sandwich you had for lunch: the beef casserole, or chicken, you had for your dinner and the ice cream for dessert, may have one thing in common. All could have come from the Kerry Group thekingdom.ie." Institute of Food Technologists List of Food Corporations Babcock Inst. report on Kerry Ingredients Corp. hard-to-find data on this elusive big-food casein corporation, and Erie Foods Intl. food reconstruction partner of Kerry Ingredients
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Kerry Group Buys 32 Corporations 2000-2004 Timeline: Late
1960s: lab scientists discover that casein, a dairy product used in paint,
plastic, and Elmer's glue, can also be used to glue together the various
chemicals of the new lab-created "processed" foods...1970: daughter
and son-in-law of founder of the Erie Casein company take vacation traveling
around Europe in order to find cheap source of casein, and finally find County
Kerry, Ireland...1972: the people of Ireland put up 82% of the
money to set up a casein factory in County Kerry to be owned by a local farmer
co-op and the Erie Casein Co...
"Elmer's is a casein glue. Casein is a milk-cheese phosphoprotein that is used to make paints, plastics and glues." histosearch.com
Kerry Group's Corporate Divisions Ingredients - Foods - Flavor KERRY GROUP KERRY GLOBAL INGREDIENTS KERRY CANADA KERRY DE MEXICO KERRY INC. KERRY FOODS (US) KERRY FOODSERVICE (UK) KERRY AGRIBUSINESS (IRELAND) SDF FOODS (MALAYSIA) KERRY JAEGER (France) MASTERTASTE (US)
Thirty-Two Acquisitions in Four Years
SECTION 1: EXTENT OF THE KERRY COMPANIES "The orange juice you might have had for breakfast, followed by rashers and sausages; the biscuit, or bun, you had for you elevenses; the sandwich you had for lunch: the beef casserole, or chicken, you had for your dinner and the ice cream for dessert, may have one thing in common. All could have come from the Kerry Group thekingdom.ie." "Kerry supplies over 10,000 foods, food ingredients and flavour products to customers in more than 100 countries worldwide kerrygroup.com, 2003." "The companies that make up Kerry Ingredients North
America NUTRITION MERELY A SECTOR OF THE FOOD INDUSTRY?: "Kerry...is now focused on capitalising on this broad food technology base by expanding its presence in global flavours markets and in the fast growing nutrition sector..." sharewatch.com "Kerry is on track to deliver double-digit earnings growth again in 2003 despite adverse currency impacts on US translated profitability. This will represent the 18th year of achieving such growth." irishexaminer.ie, May 9, 2003 "Kerry supplies over 10,000 food, food ingredients and flavour products to customers in more than 100 countries worldwide. The Group has manufacturing facilities in 15 different countries and international sales offices in a further 20 countries across the globe kerrygroup.com." "Ireland is among the largest producers of milk protein-based ingredients in the world. The possibility of fine-tuning casein functionality through controlled assimilation of whey protein into the casein matrix may create more control over modification of particular functional attributes in specific food products source." "In American markets Kerry has the largest production network in the ingredients industry source." "Kerry Foodservice UK: Ranked the largest batter and breading supplier to independent foodservice operators through the leading "Golden Dipt" brand source." "Kerry (Canada) Inc. acquires Metarom Canada Inc. Kerry (Canada) Inc., a subsidiary of global food company Kerry Group plc, acquired the business of Metarom Canada Inc. on December 6, 2002 by way of an asset purchase transaction. As a result of the transaction, Kerry Canada is now one of Canada's leading manufacturers of aromas and flavourings source." "Kerry Distribution, a part of Kerry Foods, is the
manufacturer of leading brands including Walls sausages and bacon, Mattesons patés and Home
Pride flour. The company transport approximately 10,000 pallets a week, delivering to major food Dairy Board silent on GV deal Irish Independent, June 27, 2001 THE Irish Dairy Board yesterday declined to
comment on the possible impact on its business of the pending takeover of Golden
Vale by the Kerry Group. Golden Vale is one
of the largest suppliers to the Irish Dairy Board and its loss as a supplier
would be felt keenly. Kerry Group has
followed a strategy of developing its own dairy products and does not sell
through the Dairy Board. On Monday, Kerry
announced it had received the backing of the Golden Vale board for its bid,
which values Golden Vale at a total of £198m, or euro 1.50 a share plus 4 in
dividends.--Pat Boyle irishindependent.ie
IRISH TAXPAYERS OWN 42.5% OF ORIGINAL KERRY GROUP: "Kerry's origins date back to 1972 when as a private company, three shareholders: the State owned Dairy Disposal Company, a Federation of eight small farmer Co-operatives in Kerry and the Erie Casein Company Inc. from the US, committed to invest approximately €200,000 to finance a €1 million dairy processing facility in Listowel, Co. Kerry, for the manufacture of milk protein (casein) for export to the U.S.A. Ownership of the company, then known as North Kerry Milk Products Ltd (NKMP) was shared with the Dairy Disposal Company holding 42.5%, the Federation 42.5% and Erie Casein 15%. kerrygroup.ie group.ie"IN 1971 IRISH GOVT. WANTED PRIVATE INVESTORS TO PUT UP LARGER SHARE IN STARTUP OF KERRY GROUP: "42. Mr. Spring asked the Minister for Agriculture and Fisheries if the contributions requested from the concerns who have been endeavouring for the past few years to establish a casein factory in North Kerry have been increased; and, if so, if he will state the increased amount demanded from each concern. Mr. Fahey: The amount of such contributions is not a matter for my Department. Their level is one for decision by the promoters of the factory having regard to the total capital requirements, the amount of industrial grants which may be made available and the amount of borrowing which they may be in a position to arrange Dáil Éireann (Irish Parliament) Debate, March 3, 1971." BUT EVEN TODAY INFORMATION ABOUT DAIRY DISPOSAL CO. IS CONTROLLED: "The Dairy Disposal Company was responsible for the acquisition from private owners, management, development and disposal to co-operatives of many of the country's creameries and dairy produce factories between 1927 and 1979. The records of the Company in the National Archives include minutes, correspondence files, accounting records and plans. Access: Not generally available for inspection, but may be inspected with the written consent of the Dairying Section of the Department of Agriculture and Food. Finding aid: Draft list of records of the Dairy Disposal Company. Note: see also files of the Irish Co-operative Organisation Society. National Archives of Ireland."
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