The management buyout (MBO) took place in February 2015, when the chilled van sales distribution business was sold by Kerry Foods to a management team led by Managing Director Darren Haynes.
: At the time of the deal, Kerryfresh utilized a fleet of over 300 refrigerated vans to deliver more than 400 chilled products—including brands like Wall's and Urban Eat—directly to independent retailers.
: Kerryfresh ultimately entered administration in March 2018 after failing to secure new investment or a buyer, resulting in the redundancy of its remaining 300 employees. Kerryfresh give staff heads up over MBO | News - The Grocer
