p.30 World News - BW Spring 2013_p.30 World News - BW Spring 2013.qxd 13/03/2013 09:43 Page 31
SOUTH AFRICA
KERRY ACqUIRES SA COmpAnIES
K
erry Ingredients & Flavours
has confirmed that it has
completed the acquisition of
the Cape Town-based sweet
ingredient solutions supplier Orley
Foods for an undisclosed sum.
Orley Foods is part of the Libstar
Holdings Group and has a 50-year
history of providing sweet ingredients
for the confectionery, ice cream,
beverage, cereal, dairy and bakery
markets.
The Orley Foods deal comes a year
after Kerry’s acquisition of
FlavourCraft, also in South Africa, and
complements the earlier purchase of
Cargill’s global flavour business.
It is the latest step in Kerry’s
journey to becoming the innovation
and development partner of choice for
the world’s leading food and beverage
brands as they start to meet fastgrowing local appetites for the next
generation of products in EMEA.
Commenting on the deal, Scott
Scharinger, President EMEA
Developing Markets for Kerry
Ingredients & Flavours, said: “This is
a key part of our strategy to work
alongside our global customer base,
finding ways to deliver our unique
range of ingredient and flavour
technologies and food science knowhow in the territories where they are
being consumed.
“Although South Africa is an
important market for us in its own
right, it is also the springboard for our
expansion into other important and
growing sub-Saharan countries such
as Nigeria and Kenya.”
Craig Henry of Orley Foods said:
“We are very proud to become the
newest member of the fast-expanding
Kerry family. What’s particularly
exciting for us is joining one of the
world’s largest and most highly
qualified teams of food scientists and
product innovators, with all the
benefits that this will bring to our
customers old and new.”
Scharinger added: “Kerry is the
only company that can provide a
portfolio of technology-based
ingredients and flavours for all sectors
of the food, beverage and pharma
markets. We have the scale for global
execution but, as this acquisition
underlines, we can also tailor for
regional tastes, aligning our
ingredients and flavours offering with
customer needs in developed and
developing markets.”
Earlier, Kerry completed the
acquisition of FlavourCraft to expand
its presence not just in South Africa,
serving food manufacturers in the
country, but across the continent.
Established in 1993, Durbanbased FlavourCraft specialises in the
design and manufacture of flavours
for meats, soups, sauces, dressings
and savoury snacks in the South
African and sub-Saharan markets,
particularly in Nigeria.
FlavourCraft provides Kerry with its
first manufacturing facility in Africa.
It also brings with it a first class
customer and application centre,
providing research and development
capability, which will enable Kerry to
expand its capability in developing
and producing ingredients to meet
local market needs.
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