Kerry in E180m ready meal deal

Kerry Group has made a significant acquisition of a British ready-meals business for a reported stg£125 million (€180 million).

6th August, 2005

Kerry is purchasing Noon products, which specialises in Indian ready-meals, from a private equity group. Reports say that the deal was tied up last week, but it has not yet been announced by the Irish group.

Noon Products is part of a larger group which was taken private by a buyout group in 2001. It was founded in 1989 by Sir Gulam Noon - dubbed the “curry king'‘, who is still chairman of Noon. It...

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