History
The British Sugar Corporation was a company that was formed in 1936, when the British parliament nationalised the entire sugar beet crop processing industry, under the banner of British Sugar Corporation. At this time there were 13 separate companies with 18 factories across the country. In 1972 it began selling its sugar products under the name of Silver Spoon.
In 1977 a rights issue decreased the government holding from 36% to 24%. It was taken over by Berisford International in 1982 and in May of that year the company name was shortened to British Sugar plc.
It was sold on 2 January 1991 to Associated British Foods (ABF) after a crash in property values affected Berisford. ABF had attempted to purchase in the late 1980s but the stockmarket downturn had stopped their move.
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Famous quotes containing the word history:
“I am ashamed to see what a shallow village tale our so-called History is. How many times must we say Rome, and Paris, and Constantinople! What does Rome know of rat and lizard? What are Olympiads and Consulates to these neighboring systems of being? Nay, what food or experience or succor have they for the Esquimaux seal-hunter, or the Kanaka in his canoe, for the fisherman, the stevedore, the porter?”
—Ralph Waldo Emerson (1803–1882)
“History, as an entirety, could only exist in the eyes of an observer outside it and outside the world. History only exists, in the final analysis, for God.”
—Albert Camus (1913–1960)
“There is a constant in the average American imagination and taste, for which the past must be preserved and celebrated in full-scale authentic copy; a philosophy of immortality as duplication. It dominates the relation with the self, with the past, not infrequently with the present, always with History and, even, with the European tradition.”
—Umberto Eco (b. 1932)