Archives for February 4, 2005

← 2005

UK sugar acquisition given clearance

The Competition Commission (CC) today announced it has provisionally cleared the completed acquisition by Napier Brown Foods (NBF) of James Budgett Sugars (JBS), but voiced concerns about the lack of competition in the UK sugar market.

Imperial Sugar forecasts difficult year

Imperial Sugar yesterday (Thursday) announced a higher first-quarter profit, but predicted that operating income would fall significantly in 2005 as the sugar industry remains challenging, reports Philippa Nuttall.