Kerry Group has confirmed that it has completed an acquisition of Cargill’s global flavours business.
Cargill Flavor Systems, with annual revenues of approximately $200 million, was acquired for a total consideration of $230 million (€170 million).
Cargill Flavor Systems employs 700 people in France, the UK, South Africa, India, Malaysia, China, the USA, Puerto Rico, Mexico and Brazil, supported by a network of sales representative offices in 12 other countries.
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