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.
Read more about this topic: British Sugar
Famous quotes containing the word history:
“All history attests that man has subjected woman to his will, used her as a means to promote his selfish gratification, to minister to his sensual pleasures, to be instrumental in promoting his comfort; but never has he desired to elevate her to that rank she was created to fill. He has done all he could to debase and enslave her mind; and now he looks triumphantly on the ruin he has wrought, and say, the being he has thus deeply injured is his inferior.”
—Sarah M. Grimke (1792–1873)
“I believe that in the history of art and of thought there has always been at every living moment of culture a “will to renewal.” This is not the prerogative of the last decade only. All history is nothing but a succession of “crises”Mof rupture, repudiation and resistance.... When there is no “crisis,” there is stagnation, petrification and death. All thought, all art is aggressive.”
—Eugène Ionesco (b. 1912)
“In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.”
—Ralph Waldo Emerson (1803–1882)