Kerry Group acquires Spanish biotech firm in ingredients push

By James Ridler contact

- Last updated on GMT

Kerry Group has acquired Biosearch Life for an undisclosed sum
Kerry Group has acquired Biosearch Life for an undisclosed sum

Related tags: Ingredients, acquisition

Kerry Group has acquired biotechnology company Biosearch Life as part of its continued to focus on its nutrition and ingredients business.

Biosearch will be integrated into Kerry’s global ProActive Health platform of ‘science-backed’ branded ingredients, expanding the group’s reach into the healthy aging, joint health and digestive health sectors of functional food ingredients.

Commenting on the deal, Kerry president of Applied Health & Nutrition Neil Cracknell said: “Our acquisition of Biosearch Life is aligned with our strategic priorities to expand our branded, science backed ingredient portfolio, as well as developing our dietary supplement capabilities and market offering.

Extending Kerry’s offering

“Biosearch Life extends our probiotics offering with the addition of the science-backed Hereditum® strains and further broadens our portfolio with the Exxentia® range of functional botanical extracts and Eupoly-3® natural Omega-3 oils.”

Based in Grenada, Spain, Biosearch Life manufactures and distributes functional ingredients including probiotics, along with an extensive portfolio of science-backed botanical extracts and ‘ultra-purified’ omega-3 oils. 

“These market-leading technologies allow us to address new health need states, enhance our credibility and leadership in science-backed branded actives and supports our ambition to be a leader in sustainable nutrition solutions,” ​Cracknell added.

Focus on ingredients

The finalisation of the Biosearch deal comes less than a month after Kerry reached an agreement to sell its meats and meals business in the UK and Ireland​ to Pilgrim’s Pride for £704m.

At the time, chief executive Edmond Scanlon said the transaction further enhanced Kerry’s focus on its food and beverage ingredients business.

That same month saw the ingredients group strike a deal to buy preservation technology firm Niacet for £731m, with the acquisition expected to be completed by the end of the third quarter of 2021 – subject to customary closing conditions and regulatory approval.

Niacet, projected to generate revenues of £158.6m and EBITDA of £47.6m for 2021, will be integrated into Kerry’s global food protection and preservation platform.

Meanwhile, last week, potato processor Wolds Produce has acquired independent potato seed business WM Quarrie​ for an undisclosed sum.

Related news

Show more

Related products

RSSL: Vegan Food and Drink Manufacturing Considerations

RSSL: Vegan Food and Drink Manufacturing Considerations

Reading Scientific Services Limited (RSSL) | 01-Jan-2021 | Technical / White Paper

With more people than ever before choosing to remove or limit their intake of animal-derived products, manufacturers are keen to develop suitable vegan...

Give Your Plant Based some Pure Pulling Power!

Give Your Plant Based some Pure Pulling Power!

Gold&Green Food | 28-Oct-2020 | Technical / White Paper

The fact you’re here shows you care about making consumers and the planet feel good!
Health and sustainability are putting the demand for plant-based...

Related suppliers


Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us


View more