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.
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 know-how in the territories where they are being consumed.
“Although South Africa is an important market for us in its own right, it’s 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.”
Source: Kerry Ingredients & Flavours
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