Regions :: Western Europe
Tate & Lyle to Acquire German Stabilizer System Business
1:33 PM MDT | July 24, 2007 | Kate Phillips
Tate & Lyle (London) says it has agreed to purchase an 80% interest in privately owned G.C. Hahn & Co (Lübeck, Germany), a manufacturer of food stabilizer systems, for €116 million ($157 million). The deal is expected to be finalized by May 31, pending German antitrust approval, Tate & Lyle says. Hahn will retain the remaining 20% interest. The agreement gives Tate & Lyle the option to purchase the outstanding shares over time, Tate & Lyle says. New recipe: Expand marketing presence and complement existing businesses. “The...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee