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Kerry Finalizes Cargill Flavor Systems Acquistion
Posted: December 2, 2011
Kerry confirmed the completion of its acquisition of Cargill Flavor Systems, the global flavor business division of Cargill. The acquisition, which was made for $230 million, strengthens Kerry’s capability to provide integrated customer solutions across all food and beverage end use markets.
Cargill Flavor Systems employs 700 people throughout its integrated flavor development and application centers in France, the United Kingdom, South Africa, India, Malaysia, China, the United States, Mexico and Brazil, and is supported by a network of sales representative offices in 12 other countries around the world.