Globally, demand for technologies that preserve freshness, extend shelf life and reduce the global burden of food waste is accelerating. Kerry has been providing food safety for many decades and is today a leader in food protection and preservation technology.
According to Kerry, the acquisition strengthens its leadership position with the addition of Niacet’s market-leading brands, while accelerating its growth.
Niacet produces both conventional and clean label solutions, especially for the bakery industry, as well as low sodium and economical preservation systems for meat and plant based products. The company uses proprietary drying and granulation process technologies in its main market categories of bakery, meat and pharmaceuticals.
“Combine two large companies”
“We have long admired Niacet and its cutting-edge technologies on the market, its commitment to innovation and the quality of its employees”Said Neil Cracknell, President and CEO of Kerry Applied Health & Nutrition.
“With this significant acquisition, we are combining two great companies that share the same dedication to science and innovation, to develop new innovative technologies for food preservation, pharmaceutical applications and animal nutrition. We look forward to working with the Niacet management team and all of our colleagues at Niacet to complete this integration quickly.Have
Addition of Kelly Brannen, CEO of Niacet, “It’s an exciting time for Niacet and it’s a great opportunity for both companies. By working together, we will develop Niacet at a much faster rate and sell into new markets around the world. We are very happy to be part of the Kerry organization.Have
The increased selection of food preservation solutions and systems will enable Kerry’s Innovation and Application Centers of Excellence, as well as the influence of its global network, to address food protection issues. the most complex in the world. Kerry’s RD&A team of more than 1,000 food scientists and its local manufacturing footprint in 31 countries enables it to partner with clients in more than 150 countries.
World of sustainable nutrition
“Our vision is to create a world of sustainable nutrition, which consists of providing nutrition with less impact on the earth’s resources”,said Edmond Scanlon, CEO of Kerry.
“Reducing food waste is a key part of this and one of the most effective ways to reduce food waste is through storage where even an extra day of shelf life can have a hugely positive impact. We are delighted to welcome the Niacet team to Kerry, where the combination of our two companies has created a global leadership position in the preservation industry.Have
Kerry’s mission is to provide more than two billion consumers with sustainable nutritional solutions by 2030.