Kerry, the Irish ingredients, flavours and consumer foods group, has expanded its business in the US with the acquisition of two food ingredients businesses there for $67 million (€61.9m).
Pacific Seasonings produces meat seasonings for the meat, prepared foods and foodservice industries, while Guernsey Bel is a leading manufacturer of inclusions for frozen desserts and other growth areas in the sweet products sector .
Pacific Seasonings operates from two manufacturing plants in Seattle and Detroit and supplies the requirements of food processors and foodservice providers, developing a strong market presence through national restaurant chains in the US.
Friel said: "The business will assist the further development of Kerry's seasonings business in North America and in particular through its West Coast location will provide a major boost to Kerry's business in that region of the US market."
Commenting on the acquisition of Pacific Seasoning, Hugh Friel, Kerry 's managing director, said; "In addition, the Seattle-based operation is organic certified which is ideally positioned for growth in the world's largest market for organic products."
The other ingredients company, Guernsey Bel, operates from two modern manufacturing facilities located in Chicago and in Hayward, California and is a leading innovator and provider of value-added ingredients and inclusions technology for the premium ice cream, breakfast cereal, bakery, nutritional bar and confectionery industries.
The two latest acquisitions follow fast on the heels of the purchase of SunPure, a leading manufacturer of natural citrus flavours and ingredients mainly for the beverage industry.