Naas, Ireland—Kerry has acquired IsoAge Technologies and Biosecur Lab Inc., according to a press release. The acquisitions expand Kerry’s clean-label food protection capabilities.
Kerry’s research has found that there is a strong consumer desire for the removal of artificial ingredients in food and beverages; the market for consumer-friendly shelf life solutions is estimated at more than $1 billion globally, the release says, and is growing at twice the pace of the artificial preservatives market. However, the high demand creates its own problems—food safety becomes a challenge, and it can increase food waste. Kerry is looking to help food producers achieve fresh, safe, appealing, clean-label foods with its range of solutions.
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Neil Cracknell, CEO of Applied Health & Nutrition at Kerry, said in the release: “These acquisitions and expansion of our food protection portfolio solidify Kerry’s position as a leader in clean-label food protection. Our authentic portfolio of natural solutions helps customers achieve consumer-appealing labels and extend shelf life safely, while at the same time maintaining great taste and texture. When we combine IsoAge Technologies’ natural and sustainable food safety solutions with Biosecur Lab’s natural citrus extract-based antimicrobials and Kerry’s existing food protection solutions, we will be able to protect even more food naturally. Together our combined innovation capability is significant, and we will work collaboratively to develop the future of natural food protection solutions.”
Brian Nevin, Kerry’s VP of Business Development, Food Protection and Fermentation, added: “With these acquisitions, Kerry has the broadest food protection portfolio in the industry. We pride ourselves on our authentic ingredients, our primary production capabilities and providing full transparency to our customers. Both IsoAge Technologies and Biosecur Lab Inc. offer unique natural portfolios of patented shelf-life technologies, which will greatly enhance Kerry’s global market leadership.”