Kerry Group to sell consumer foods meat and meals business to…

DUBLIN, June 17 (Reuters) – Irish food firm Kerry Group said on Thursday it will sell its Consumer Foods´ Meats and Indonesia lockdown Meals business to U.S.

poultry producer Pilgrim’s Pride Corp for 819 million euros ($975 million).

“Kerry Group plc today announces that it has reached agreement to sell its Consumer Foods´ Meats and Meals business in the UK and Ireland to Pilgrim´s Pride Corporation for a cash consideration of 819 million euros subject to routine closing adjustments,” the statement said.

($1 = 0.8402 euros) (Reporting by Conor Humphries; Editing by Leslie Adler)

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