‘They’ll all want a piece of the pie now’: how Kerry Co-op farmers reared a multimillion-euro cash cow
Half a century ago, Kerry farmers decided to invest in a fledging dairy co-op. Now shareholders of what gave birth to the Kerry Group are reaping the dividends with Lotto-sized jackpots
Heads were turned this week with the publication of details of almost 12,000 Kerry Co-op shareholders who received shares in the vast Kerry Group corporation as part of a recent restructuring deal. Illustration by Eoin Flynn
It was a co-op that started modestly in a caravan in a mud-spattered field on the edge of the town of Listowel.
When ordinary farmers such as Eddie Hayes campaigned for a milk processing facility in Kerry more than half a century ago, little did they know that they would create a billion-euro bonanza for ordinary investors in the county in 2025.
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