Kerry said it will invest €100 million in the new campus, which will accommodate 800 people in 2015 and a further 100 positions when fully commissioned by mid-2016. The new center also will include Kerry Ingredients & Flavours EMEA regional management, 1 Kerry Global Business Services and support functions.
“The establishment of this new global technology and innovation center is consistent with the Group’s 1 Kerry Strategy for Sustainable Growth, providing our customers with access to Kerry’s total technical and innovation capability to optimize product differentiation in the marketplace and provide unrivalled speed to market,” said Stan McCarthy, chief executive officer of Kerry Group. “Working in tandem with the group’s existing technology and innovation facilities, the new center will focus group-wide capability to drive strategic customer engagement and sustainable growth.”
Mr. McCarthy added the new center should bring career development opportunities supporting functional and business leadership development throughout the Kerry organization, and it will assist in accelerating graduate/early career development, talent management and training.
Construction of the new facility will begin in early 2013 once planning is complete, Kerry said.