Pictured at the announcement of Kerga’s acquisition of German premium Ready-to-Drink (RTD) specialist, Münsterland, as part of its strategy to build a leading portfolio of European convenience food and beverage brands are: Andrew Bourg (Director Kerga & Development Capital); Alan Cunningham (CEO Kerga); Hilliard Lombard (Kerga Chairperson & Founding Director BiaVest) and Warren Codd (Director Kerga & BiaVest)

• Development Capital and BiaVest owned Kerga acquires German Ready-to-Drink specialist, Münsterland
• 2nd acquisition by Kerga following acquisition of Donegal based Nomadic Foods Limited
• Builds on strategy of building a portfolio of nourishing convenience food and beverage brands

BiaVest and Development Capital-backed deal to drive Münsterland’s expansion and boost growth of Kerga’s existing Nomadic Foods business. Acquisition marks next step in Kerga’s strategy to build a portfolio of leading convenience food and beverage brands across Europe.

1st July 2025 – Kerga, jointly-owned by BiaVest and Development Capital, has today announced the acquisition of German premium Ready-to-Drink specialist, Münsterland, as part of its strategy to build a leading portfolio of European convenience food and beverage brands.

Münsterland is a long-established, family-origin business with more than 100 years of heritage. Known for its iced coffees, protein drinks, and natural energy teas, Münsterland’s products are distributed in over 20 countries. The company also partners with well-known European beverage brands such as Jimmy’s Iced Coffee, which is widely available across Irish and UK retailers. Its manufacturing site in Northwest Germany is known for technical innovation and sustainable packaging.

Kerga’s growth strategy is to acquire, manage and develop nourishing convenience brands in the food and beverage sector. Its portfolio includes Nomadic Foods, the Donegal-based, export-focused company specialising in chilled snacks sold in leading supermarket and convenience store chains across the UK and Ireland. Its strategy is to build a leading portfolio of European convenience food and beverage brands. Kerga sees significant growth potential in Münsterland across both existing and new customers and markets, driven by its unique manufacturing and innovation capabilities. The acquisition complements Nomadic Foods and further strengthens its overall manufacturing and market access infrastructure, including for Nomadic’s convenience snacking portfolio. Kerga’s growth strategy is supported Bank of Ireland Corporate and Markets.

Andrew Bourg, Kerga Director and Co-Founder of Development Capital, said: “Development Capital are delighted to support Kerga in this acquisition and we warmly welcome everyone from the Münsterland team to Kerga. We believe that Münsterland will add real momentum to Kerga’s European growth strategy.”

Alan Cunningham, Chief Executive, Kerga, said: “This acquisition is another major step forward in executing Kerga’s European growth strategy. We have a clear roadmap for further acquisitions and are focused on building a portfolio of premium brands and manufacturing assets in high-growth categories. Münsterland is an exceptional business with a proud heritage and a strong reputation for quality and innovation.”

Hilliard Lombard, Kerga Chairperson and BiaVest Co-Founder, added: “With Münsterland joining the group, we expect to sell over 100 million units across Europe next year, representing a strong foundation for further growth. Convenience food and beverage is a dynamic sector that demands versatility, innovation, and responsiveness to succeed. That mindset has served Nomadic well, driving steady growth in an intensely competitive market. We’re excited about the role it will play in Kerga’s next phase.”