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BRIEF-Kerry Group buys three U.S. businesses for $735 mln
October 15, 2015 / 12:15 PM / 2 years ago

BRIEF-Kerry Group buys three U.S. businesses for $735 mln

Oct 15 (Reuters) - Kerry Group Plc

* Kerry group announces $735m further development initiatives in global taste & nutrition

* Acquisitions of U.S. based Red Arrow Products, Island Oasis and Biothera Inc’s Wellmune business

* Businesses being acquired had annual revenues of $301 mln and EBITDA of $59 mln in FY 2014

* Will finance acquisitions from existing lines of credit Source text for Eikon: Further company coverage:

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