Kerry Dairy Ireland, the dairy business majority-owned by Kerry Co-operative Creameries, has formally announced its new corporate identity.

The business is now known as Kinisla (pronounced kin-eye-la).

The announcement of the new name comes as the business publishes its preliminary performance for 2025, and announced an investment programme for the next five years to the tune of €300 million.

Kinisla has said it will also create 100 new jobs over the next 12 to 24 months to build "the expertise and capacity to support the next phase of expansion".

The new identity was unveiled today (Monday, May 18) at an event in Listowel, Co. Kerry, attended by Taoiseach Micheál Martin; Minister for Agriculture, Food and the Marine Martin Heydon; Minister for Children, Disability and Equality (and Kerry TD) Norma Foley; and several other public representatives, along with a number of milk suppliers, employees and customers.

According to the business, the name Kinisla reflects "the two defining aspects of the business".

These are farmers, farm families, and employees; and the island of Ireland, particularly the "distinctive landscape" of the south-west, the business said.

Kinisla said the name "speaks to both the heritage of the business and its focus on future growth, anchored by unwavering commitment to quality, sustainability and innovation".

The announcement of the new name comes as the business published its preliminary business review for 2025.

Kinisla said it delivered a robust financial performance in 2025, with revenue and earnings ahead of expectations.

In 2025, turnover increased to €1.4 billion and earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to €86.8 million.

The business said it "maintained a very competitive milk price throughout the year", while milk volumes processed increased by 5.2% to over 1.2 billion litres.

Commenting on these figures, Kinisla chief executive Pat Murphy said: "2025 was a landmark year for Kinisla and one that underlines the strength of the farmer-owned business we are building.

"We delivered a strong performance, with turnover of €1.4 billion and significant momentum across key parts of the portfolio, particularly Nutritional Ingredients and Dairy Consumer Foods.

"Our performance in 2025 gives us a strong platform as we step forward under our new name as Kinisla, with a business of real scale, strong momentum and a clear plan for the future," the chief executive said.

James Tangney, chairperson of Kinisla, said: "2025 was an important year for farmer members, not least because of the return of majority ownership to Kerry Co-op, but because of what the business delivered in practice.

"Kinisla performed strongly, maintained a competitive milk price, processed over 1.2 billion litres of milk, and continued to strengthen the foundations for long-term growth.

"It must also mean practical support on the ground through initiatives such as our commitment to sustainability across the business...and a clear commitment to generational renewal, so that farm families have the confidence to invest, plan for succession and see a strong future for the next generation on the land," the chair said.

"That confidence is also strengthened by the security that comes from long-term milk supply arrangements and a business committed to backing its farmers for the years ahead." Tangney added.

"As chair, and on behalf of the board, I am confident that our business, under its new name as Kinisla, will continue to deliver a competitive milk price, long-term commitment to its suppliers, and lasting value for farmers, employees, suppliers and the rural communities that depend on them," he said.

Investment plan

With the new investment plan, Kinisla said it will "back the parts of its portfolio with the strongest long-term potential".

The plan will focus on expanding higher-value nutritional ingredients; strengthening its dairy consumer brands; and investing in the manufacturing, innovation and sustainability capabilities over the next five years.

Nutritional Ingredients and Dairy Consumer Foods have been identified as the two priority areas by the business.

The strategy will be supported by a planned €300 million capital investment programme over the same period.

The investment will accelerate growth in Nutritional Ingredients, particularly in milk protein manufacturing technology; strengthen the Consumer Foods snacking business; and support delivery of the business' carbon reduction targets, Kinisla said.

The business said its board and management "are focused on disciplined, commercially driven growth" while maintaining a "strong milk price return to our dairy farmers".