Kerry Group has confirmed the purchase of UK food company Hibernia from the receiver. The buy out of the company with a 200 million euro turnover had been speculated for some time. It gives Kerry Group its first frozen food division and also removes some pricing pressure.Hibernia was in the process of a major rationalization process just before going into receivership and industry sources have indicated Kerry Group will continue this process. The price paid for the company has not been disclosed but a figure in the region of 10 to 15 million pounds sterling is estimated.
Chair of Kerry Pro-Life, Cllr John Joe Culloty FF spoke about the removal by the council of posters for pro-life meetings. http://media.radiokerry.ie/upload/radiokerry/audio/2018_02_16_kcc.mp3
David Buttimer, retired economist disagrees with Frank McDonald’s analysis. http://media.radiokerry.ie/upload/radiokerry/audio/2018_02_16_frankmac.mp3