Kerry Co-operative Creameries

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Kerry Co-operative Creameries Limited
Kerry Co-op
Company typeProducer Co-operative
IndustryInvestments, Dairy Processing
Founded1 January 1974
HeadquartersTralee, County Kerry,
Ireland
Websitekerryco-op.com

Kerry Co-Operative Creameries is an Irish agricultural co-operative society whose primary activity as of 2022 is the holding of investments on behalf of its farmer-members, with its largest investment being a 11.3% holding in Kerry Group,[1] a publicly traded company which was originally founded by the co-operative but now has a diverse shareholder base.

History

Kerry Co-op was originally formed through the amalgamation of a number of smaller dairy co-operatives in County Kerry and the purchase of assets of the state-owned Dairy Disposal Board in Kerry. The majority of the co-operatives dairy processing business was transferred to Kerry Group as part of its partial demutualisation with a significant number of shares issued to the co-operative in return.[2]

References

  1. ^ Roche Kelly, Lorcan. "A willing buyer does not mean an easy sale of Kerry Dairy Ireland". www.farmersjournal.ie. Retrieved 19 July 2024.
  2. ^ "Research Handbook on Sustainable Co-operative Enterprise: Case Studies of Organisational Resilience in the Co-operative Business Model". Edward Elgar Publishing. 2014. p. 73.


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