Business Services Industry

Two Tampa, Fla.-Area Food Processing Firms Acquired by Irish Company.

Knight Ridder/Tribune Business News, December, 2003

By George Graham, Tampa Tribune, Fla. Knight Ridder/Tribune Business News

Dec. 12-- As part of a worldwide expansion program, the Kerry Group of Tralee, Ireland, has acquired two large food processing companies in the Tampa Bay area.

Kerry paid $68 million for Sun Pure, a natural citrus flavor and ingredients manufacturer in Lakeland, and a total of $62 million for Crystals International of Plant City and Da Vinci Gourmet of Seattle.

Crystals International is the world's leading provider of instantly soluble freeze-dried fruit juices. Da Vinci Gourmet makes sauces, syrups and specialty coffee.

Kerry would not reveal the price paid for each of the two companies. Contacted by telephone in Ireland this week, Frank Hayes, Kerry's...

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