Following the recent acquisition of the Kinisla Business (Formerly Kerry Dairy Ireland) by Kerry Co-op, the board have introduced a new board policy on the 19th of December 2025 in relation to all transfers going forward. If the beneficiaries are existing Kerry Co-op shareholders/members, they will need to provide their shareholder reference number (SRN) and transfers can proceed. If they are not, the options available are:

• One new shareholder account may be created and all the shares transferred to one beneficiary.
• One new Joint shareholder account may be created, which can have a maximum of 5 individual names on that joint account.
• The shares can be redeemed by the estate voluntarily in our offices at the par value of €0.125 per share.

Voluntary Share Redemption Form | Share Transfer Form

Following on from the recent acquisition by Kerry Co-operative Creameries of the 70% shareholding of the Kinisla Business (Formerly Kerry Dairy Ireland), a new Kerry Co-op share certificate was issued to each and every shareholder dated the 6th of January 2025.

As part of the arrangements for the above-mentioned transaction the following steps occurred:

1. A share sub-division by which your current holding in KCC was sub-divided by 10.
2. A share for share exchange whereby Kerry Group plc agreed to acquire 85% of the revised holding in KCC in exchange for Kerry Group plc shares at a ratio of 0.625467 Kerry Group plc shares for every one KCC share.

If on the 30th of December 2024 you were the registered holder of 100 Ordinary shares of €1.25 each in Kerry Co-operative Creameries Limited, the following are the steps that occurred on your shareholding:

i. Original KCC Balance Sub divided by 10 – Original 100 shares of €1.25 each become 1,000 shares of €0.125 each.
ii. Kerry Group acquire 85% of your new KCC Shareholding at a rate of 0.625467 Kerry Group plc shares for each KCC Share – 1,000 x 85% = 850 (Subject to share for share exchange) x 0.625467 = 531 Kerry Group plc shares issued in your name.
iii. Your remaining balance of KCC shares – 1,000 – 850 = 150 shares of €0.125 each.

The success and growth of Kerry Co-op is one of the most phenomenal business stories Ireland has witnessed over the past five decades. From humble beginnings in a mud splattered field in Listowel, it has become, through Kerry plc, a world food ingredients brand name stretching to thirty-eight different countries across the globe. A new book, Kerry Co-op, The Heart of Who we Are, was launched in Tralee on Saturday night, January 18th 2025 by former Kerry Co-op founder and former CEO Denis Brosnan as part of Kerry Co-op’s 50th anniversary celebrations. The book, written by Currow native and published author Con Dennehy, looks deep into the heart and soul of many current and former Kerry Co-op directors, farmers, employees and management. At the Tralee launch, Denis Brosnan described the book as “A wonderful history of Kerry Co-op”.

“In this book, I am inviting the reader to savour a front seat view of the Kerry Co-op journey from the early 1970s to the present day as I paint a fabric that becomes the tapestry of Kerry Co-op. Their journey is one that was demanding, physical, emotional and in many ways spiritual as they overcame obstacles and challenges in their quest to make the life of farm families more enriched, economically viable and a future that was bright and sustainable,” said Con Dennehy.

“I am privileged that Kerry Co-op have given me this wonderful opportunity to draft their story, “The Heart of Who we Are”. It gave me the opportunity to study this wonderful business, paint a portrait of the people who contributed to its success and highlight the timelines throughout the decades through Annual Reports from 1975 to 2024, newspaper and media reports and a synopsis of each year dating back to the early 1970s.”

The new publication captures the spirit of the people who pioneered its success. Running to almost 500 pages and featuring 259 photographs the book features 45 interviews of various founders, directors, Board personal, farmers and employees of Kerry Co-op in Kerry, Limerick, Clare, South Galway and North Cork. The first section of the book is dedicated to the original founders of Kerry Co-op giving the readers a wonderful insight into the pioneering spirit and vision of these charismatic leaders.

Kerry Co-operative Creameries Limited is the 70% majority shareholder in Kinisla formerly Kerry Dairy Ireland, a leading Irish dairy business that connects farming communities to customers and consumers around the world. Through this shareholding, Kerry Co-op supports the long-term development of a fully integrated dairy platform, from farm inputs to global ingredients and branded consumer products, focused on delivering sustainable value for its members.

Our Role as Majority Shareholder

Kinisla formerly Kerry Dairy Ireland has its own Board, which sets the strategic direction of the business and oversees strategic execution and business operations. As majority shareholder, Kerry Co-operative Creameries Limited plays an active role in supporting that strategic direction through its director representatives, as well as through established governance structures. This includes:

• Supporting sustainable milk production across its member farm network
• Promoting strong market returns and market access
• Supporting investment in innovation, processing capability, and brand development
• Championing high standards in traceability, quality, and Irish provenance

The Kinisla formerly Kerry Dairy Ireland Business Model

Kinisla is built on four interconnected pillars, each contributing to a balanced and resilient dairy business.

Agribusiness

The agribusiness division supports farmers and rural communities through a network of retail stores and services. It provides feed, fertiliser, and essential farm supplies, helping to maintain a productive and sustainable milk supply base, through:

• Direct engagement with Kerry Co-op members and suppliers
• Support for on farm efficiency and sustainability through the Evolve RegenDairy Sustainability Programme, and
• Strong local presence through farm and home retail outlets

Dairy Ingredients

Kinisla formerly Kerry Dairy Ireland processes high quality Irish milk into a wide range of dairy ingredients supplied to food manufacturers globally. These include milk powders, whey proteins, butterfat, and cheese systems used in sectors such as infant nutrition, bakery, and prepared foods.

• Large scale processing with global market reach
• Focus on quality, consistency, and functionality
• Full traceability from grass based Irish farms


Nutritional Ingredients

Building on its dairy expertise, the business produces specialised nutritional ingredients for high value markets. These solutions are designed for applications such as infant formula, clinical nutrition, and active lifestyle products.

• Science led approach to advanced dairy nutrition
• Focus on high growth, value added categories
• Development of tailored ingredient solutions for customers worldwide

Consumer Foods

Kinisla formerly Kerry Dairy Ireland also operates a leading consumer foods division, producing branded and private label dairy products for retail markets. Its portfolio includes well known Irish brands such as Dairygold, Charleville and Cheestrings, delivering trusted, high-quality products to consumers every day.

• Focus on brand strength and product innovation
• Broad retail presence across Ireland the UK and international markets
• Key driver of profitability and value creation

A Connected, End to End Dairy Model

Together, these four pillars create a fully integrated system:

• Supporting farmers at the source
• Processing milk into ingredients and products
• Delivering value across both global B2B markets and consumer brands

This structure enables Kerry Co-op, through its majority shareholding, to participate in value creation across the dairy chain while maintaining a strong connection to its farming members.

To read more about the Kinisla Business please visit: www.kinisla.com

Kerry Co-Operative Creameries marked a significant milestone with its 50th Anniversary Gala Dinner, held in the elegant surroundings of the Great Southern Hotel on Saturday, the 13th of January 2024. The event brought together members, stakeholders, and distinguished guests to celebrate five decades of progress, innovation, and community at the heart of the Kerry co-operative movement.

The evening was held under the chairmanship of James Tangney, who reflected on the co-op’s journey from its foundation to its position today as a cornerstone of the agri-food sector. In his address, he paid tribute to the generations of farmers and members whose commitment and vision have shaped the organisation’s enduring success. Special guest speakers included Edmond Scanlon and Denis Brosnan, both of whom offered unique perspectives on the evolution of Kerry. Edmond Scanlon spoke to the global growth and strategic transformation of Kerry Group, highlighting the strong foundations laid by the co-operative. Denis Brosnan, a pivotal figure in Kerry’s history, provided a reflective and insightful account of the early years, recalling the ambition and determination that drove the organisation forward.

The gala dinner was not only a celebration of past achievements but also an opportunity to reaffirm the values that continue to underpin Kerry Co-Op—community, resilience, and forward-thinking leadership. Guests enjoyed an evening of shared stories, recognition, and camaraderie, reinforcing the strong bonds that define the co-operative. The highlight of the event was the presentation to the dinner guests of the wonderful piece by Mary Lavery Carrig, the story of the first board of Kerry Co-op and its members. Mary was commissioned by the board of Kerry Co-op to do something special to mark the 50th year anniversary. She presented to the guests on the night, a beautiful film that followed the story of the first board members whereby she conducted interviews with them and their families.

As Kerry Co-Operative Creameries looks ahead, the 50th anniversary serves as both a moment of pride and a reminder of the responsibility to build on its legacy for future generations. The Gala Dinner at the Great Southern Hotel stands as a fitting tribute to a remarkable journey—one shaped by people, partnership, and progress.

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