Tate & Lyle
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Title: Tate & Lyle

Essay Details:

Subject: Miscellaneous
Author: Ashley R
Date: September 21, 2011
Level: University
Grade: A
Length: 2 / 347

Essay text:

As part of its expansion, the company invested in a Portuguese sugar refining company Alcantara in 1983. In 1988, it acquired 90% of A.E. Staley Manufacturing Co. and increased its stake in Amylum to 63%. In 1988 the company acquired the citric acid business from Haarman & Reimer. This business currently forms the basis of the Group's fermentation capability. As part of its consolidation efforts, the company acquired the remaining shares of Amylum and A.E.Staley in June 2000. Between April 1999 and June 2003, Tate & Lyle sold around 30 businesses as part of the management's strategy to become a focused world-leading renewable ingredients manufacturer...

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