Created in 1978, Galician-based Hasenosa counts 60 employees and has two manufacturing sites in Galicia and Castilla y Leon.
It specialises in extruded and gluten-free breadcrumbs and coatings systems.
It also manufactures glazes, marinades, sauces and fish mixes and sells its products to customers in both the retail and foodservice sectors in over 20 countries.
Kerry, which already has a beverage manufacturing business, Vendin, located in Pinto, said the acquisition reaffirmed its commitment to the European market and its customers.
“The longevity and foothold that Hasenosa has in the Spanish market, coupled with the breadth and scale of Kerry’s technologies, will see both companies working seamlessly together to anticipate market opportunities to drive growth for customers across the continent,” it said.
Business president for meat Kerry, Taste & Nutrition Europe Philip O’Connor, said: “The technologies and expertise developed by Hasenosa will complement our already strong offering to ensure that our customers have access to the most advanced and diverse offering available in the European market today.”
Kerry did not respond to questions on financial details of the transaction or potential restructuring.