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Kerry Dairy Ireland, part of Kerry Group, has opened a new Cheestrings facility in Charleville, County Cork, Ireland.

Kerry has announced the introduction of Biobake Fresh Rich, an enzyme that helps sweet baked goods retain their freshness for longer.

Kerry is set to sell the trade and assets of its sweet ingredients portfolio to US private equity firm Advent International for a consideration of €500m.

Kraft Heinz has entered into a definitive agreement to sell its business-to-business powdered cheese business to Kerry Group.