# Kerry Group acquires Niacet Corp for €853m

Kerry Group plc agreed to acquire Hare Topco, Inc. (trading as Niacet Corp) from SK Capital Partners and other shareholders for €853 million on a cash-free, debt-free basis. Niacet is a global leader in preservation technologies for bakery, pharma, meat and plant-based food.

- Type: Acquisition
- Announced: 2021-06-21
- Where: United States
- Value: $1.01B (853.0M EUR)
- Status: announced
- Products: food preservation technologies, low-sodium preservation systems
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SK Capital Partners](https://endata.com/companies/7815.md) (partner)
- [Kerry](https://endata.com/companies/19632.md) (acquirer)
- [Niacet Corp](https://endata.com/companies/55950.md) (target)

## Sources

- [radiokerry.ie](https://www.radiokerry.ie/index.php/news/kerry-group-acquires-niacet-corp-240740), 2021-06-21: "Kerry Group plc trading as Kerry, has announced that it has reached agreement to acquire Hare Topco, Inc. trading as Niacet Corp from an affiliate of funds advised by SK Capital Partners, LP and other shareholders for €853m on a cash-free, debt-free basis."
- [foodmanufacture.co.uk](https://www.foodmanufacture.co.uk/Article/2021/06/22/Kerry-Group-agrees-deal-to-buy-preservation-specialist-Niacet/), 2021-06-22: "Niacet is a business with market leading positions, differentiated technologies and a strong and highly experienced management team."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.