July 18/Minneapolis/Star-Tribune -- Kerry Group has confirmed that it is in talks with Cargill, to acquire its global flavors business. The talks are expected to last four to six weeks.
Kerry’s food ingredients business supplies more than 15,000 products to customers in more than 140 countries. The acquisition would provide a boost to its business, bringing Cargill’s production facilities in Europe, North America and Asia. Cargill’s flavors business spans 22 countries and provides ingredients and flavors for dairy, sweet and savory categories and beverages.