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Kerry Co-op to hold SGM on rule changes

Jun 23, 2021 13:17
By radiokerrynews
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Kerry Co-op to hold SGM on rule changes

Kerry Co-op is to hold a Special General Meeting later this year to discuss and vote on a number of rule changes.

The co-op held its AGM yesterday.

Earlier this year, discussions between Kerry Co-op and Kerry Group plc on a potential joint venture dairy business deal were suspended; it's understood those talks have not resumed.

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This week, Kerry Group plc reached a €819 million deal with Pilgrim's Pride Corporation to sell its consumer foods' meats and meals business in Ireland and the UK.

It added that a strategic review of the dairy business has been completed and there will be no disposal of the dairy business at this time.

In a statement, Kerry Co-op says proposed resolutions will be brought to its Advisory Committees in July with the Special General Meeting likely taking place in August or September; no date has been decided upon.

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