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The information below comes from the UK Activity Report.
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Tate & Lyle Tate & Lyle is to sell its European starch operations to Tereos of France for £209m, including sites in the UK, Belgium, France, Spain and Italy. 19-Jul-2007 Tate & Lyle is to acquire an 80% stake in GC Hahan, the German supplier of food ingredients, for £79m. 17-Apr-2007 Tate & Lyle has sold its Redpath sugar refining business in Canada to American Sugar Refining for £132m. 15-Feb-2007 Tate & Lyle is to stop producing citric acid at its factory in Selby, North Yorkshire, with the loss of 100 of the 140 jobs. 05-Feb-2007 Tate & Lyle is looking to sell its food and industrial ingredients business for an estimated £300m, in order to focus on value-added products, such as sweeteners. 26-Oct-2006 Tate & Lyle is to acquire Continental Custom Ingredients of the US for £40m and Celaspinia Foods of Italy for £34m, in order to expand its food ingredients business. 06-Dec-2005 Tate & Lyle is looking to make bolt-on acquisitions of up to £70m, while its first half capital expenditure of £111m will be doubled. 07-Nov-2005 Tate & Lyle is to set up a venture capital fund to help companies develop new food ingredients, which should supplement its own research and development work. 22-Feb-2005 Tate & Lyle is to close its remaining sugar storage facilities in Greenock and transfer the work to its site in Grangemouth. 19-Jan-2005 Tate & Lyle has acquired Dolcre Food Ingredients, the South African fructose importer with net assets worth £1.4m. 30-Nov-2004 Tate & Lyle is forming a £55m joint venture with DuPont to produce maize-based clothing in the US under the name of Sorona. 27-May-2004 Tate & Lyle is to acquire the sucralose manufacturing operations of US-based McNeil Nutritionals for £70m. 20-Feb-2004 Tate & Lyle has raised £5m from the sale of Well Pure, the holder of majority interests in two sugar factories in Guangxi province, to a group of private Chinese investors. 13-Dec-2002 Tate & Lyle is planning to build a 100-acre distribution hub at Burnaston near Derby in a joint venture with Pilot Fields Estates, and a planning application will be submitted once an occupier has been found. 04-Nov-2002 Tate & Lyle has sold its US-based Western Sugar business to Rocky Mountain Sugar Growers Co-operative for £58m. 02-May-2002 Tate & Lyle is looking to sell its North American molasses operations, including United Molasses, UM North America and United Storage. 21-Feb-2002 Tate & Lyle has sold its sugar refining operations in Namibia and Zimbabwe to CBAQ of Botswana for £3.2m, as part of a strategy to focus on Europe and the US. 07-Feb-2002 Tate & Lyle has sold East African Storage of Kenya to African Bulk Commodities and Tanzania Liquids Storage to Africa Tank Terminals, and the deals include assets worth £1.3m. 15-Jan-2002 Tate & Lyle is to sell its Domino Sugar cane refining business in the US to Refined Sugars of New York for up to £145m. 27-Jul-2001 Tate & Lyle is hoping to sell its Western Sugar business in the US to the Rocky Mountain Sugar Growers Co-operative, and is also negotiating the sale of its Domino Sugar cane refining operation. 08-Jun-2001 Tate & Lyle has sold Universal Milling Technology, its milling equipment division, to Andritz of Austria for £5m. 28-Nov-2000 Tate & Lyle has sold its Rumenco animal feeds business to a management buy-in team for undisclosed terms. 21-Sep-2000 Tate & Lyle is selling its Australian sugar business to Societe Financiere des Sucres of Belgium for £165m, as part of a reorganisation that will also see it pay £274m to buy out minority shareholders in its Amylum and Staley starch business. 09-Jun-2000 Tate & Lyle is to sell its US grains business to JD Keiskell for about £35m, prompting speculation that its US sugar business could be sold next. 17-Apr-2000 Tate & Lyle is looking to sell a number of non-core operations, including the UMT agricultural machinery business, and the Rumenco and FSL Bells animal feed businesses. 05-Nov-1999 Tate & Lyle is selling its 80% stake in Orsan, the French monosodium glutamate company, to Aginomoto of Japan for undisclosed terms, as part of a strategy to dispose on non-core assets. 18-Sep-1999 Tate & Lyle has warned that plans to cut costs in its UK sugar business by up to £15m a year could lead to job cuts. 12-May-1999 Tate & Lyle has won US FDA approval to use its sucralose low-calorie sweetener in 15 categories of food and drink, but European approval is not expected for another year. 02-Apr-1998 Tate & Lyle has issued a profits warning due to disease in the sugar beet fields of Nebraska, the strength of sterling, and higher-than-expected commissioning costs for a starch plant in France. 04-Feb-1998 Tate & Lyle has acquired a 61% stake in Industrias de Maiz, the Argentine corn sweetener and starch processing business, for £32m. 15-Jan-1998 Tate & Lyle has acquired 80% of Cukrownia Garbow, the Polish operator of a sugar beet factory with net assets of $3.3m. 18-Oct-1997 Sidney C Banks is acquiring Micronised Food Products and Charles E Ford from Tate & Lyle for £1.6m. 06-Jun-1997 Tate & Lyle is investing £4m in a new sugar plant in India in a joint venture with Simbhaoli Sugar Mills. 30-Apr-1997 British Sugar and Tate & Lyle have undertaken not to collude on the fixing of sugar prices following an investigation which has been in the courts since 1991, although they could still face penalties from a European Commission investigation. 12-Dec-1996 Tate & Lyle's AE Staley subsidiary in Illinois has seen an end to a 40-month labour dispute but about half the 700 workers will find they have no jobs to go back to. 28-Dec-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007