Tate & Lyle - Molasse Business


United Kingdom,

Molasses comprises the global molasses trading desk based in London, UK and other worldwide marketing operations together with the UK third party storage operations. These businesses had external sales of £228 million and made an operating profit of £13 million in the year to 31 March 2010, and had gross assets of £81 million at that date. The sale excludes historic UK pension assets and liabilities and, after costs and subject to movements in exchange rates, is expected to give rise to a small book profit on disposal.

Tate & Lyle - Molasse Business was acquired by W. & R. Barnett on December 06, 2010.

Join Mergr to view all 134 acquisitions of food companies in 2010, including 42 acquisitions by private equity firms, and 92 by strategics.

Out of 60 sectors in the Mergr database, food ranked 9 in number of deals in 2010. The largest food acquisition in 2010 was Cadbury - which was acquired by Mondelez International for $17.7B.

Join Mergr to view this profile - and discover more food acquisitions of companies like Tate & Lyle - Molasse Business.


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