New & Analysis

INDUSTRY NEWS
Kerry Group to acquire Quest Food Ingredients
Kerry Group plc, Tralee, Ireland, has entered into an agreement to acquire Quest International’s Food Ingredients Div., which manufactures emulsifiers, proteins, lactose, hydrocolloids, yeasts, enzymes, and cultures. This division accounts for about 20% of Quest’s business.

As part of the $440-million acquisition agreement, the commercial and technical relationship between Quest and the Quest Flavors and Fragrances Div. will be maintained…