Kerry Dairy Ireland Joins Global Dairy Trade

Established in 1972, Kerry has evolved into a renowned multinational corporation, offering taste and nutrition solutions to a wide array of industries, including food, beverage, and pharmaceuticals. The Dairy Ireland division, boasting over 50 years of operation, has consistently delivered high-quality dairy products.

Kerry Dairy Ireland's CEO, Pat Murphy, expressed enthusiasm about the partnership with GDT, emphasizing their commitment to providing top-notch dairy solutions globally. Murphy highlighted the strategic importance of joining GDT, citing access to a diverse pool of active buyers, aligning with Kerry's vision of promoting sustainable nutrition worldwide.

Shaun McCauley, Managing Director Europe at GDT, hailed Kerry Dairy Ireland's inclusion as a significant milestone for GDT Events, underscoring the platform's continued expansion across Europe. McCauley expressed pride in partnering with Kerry Dairy Ireland and affirmed GDT's support for their growth endeavors.

Kerry Dairy Ireland, operating as a farm-to-fork entity within Kerry Group, is deeply entrenched in dairy-related operations, offering sustainable nutrition solutions on a global scale. Leveraging over half a century of expertise in milk processing, dairy technology, and product innovation, Kerry stands as a pivotal player in the global food industry.

GDT, renowned for its role as a leader in developing and operating dairy trading platforms, aims to facilitate efficient dairy derivative trading. The GDT Events auction service serves as a premier price discovery platform for globally traded dairy products, facilitating transactions between buyers and sellers from over 60 countries, amounting to $2-3 billion annually.

Emphasizing the importance of market-based reference prices, GDT enables stakeholders to engage in confident trading within global and regional dairy markets. The data generated from GDT auctions is made accessible through the GDT Insight subscription service, further supporting the global dairy industry and associated financial trading.