FDBusiness.com

Tata Acquires British Salt For £93 Million

 Breaking News
  • Ready Meals – Not Ready For the Future New research (1) published by Eating Better, a powerful alliance of more than 50 organisations, shows that supermarkets need to shake up their ready meal ranges. They are not catering for the growing number of flexitarian customers who are cutting back on their meat eating for their health and the health of the planet (2). [...]...
  • Top 100 Largest Spirits Brands Revealed The world’s most popular alcoholic drink in 2017 was the South Korean soju brand Jinro, owned by Hite-Jinro, according to the IWSR Real 100, the definitive ranking of the world’s largest spirits brands by volume. Selling almost 76m nine-litre cases, Jinro retains its number one position from last year, and once again by a staggering [...]...
  • Ireland’s Most Sustainable Paper-free Cup Launched Ireland’s only completely paper-free compostable cup has been launched by Zeus, the Irish global packaging solutions company. Unlike other compostable cups, the Treefree Cup contains absolutely no paper product, making it the most sustainable single-use cup available in the Irish market. Additionally, to tackle the composting waste problem in Ireland, the cups and lids will be [...]...
  • GEA Supplies Largest Buttermaking Machine in India GEA recently sold its first buttermaking machine type BUE to an Indian dairy producer. Creamy Foods Limited, located in the state Uttar-Pradesh, placed an order for a GEA BUE 6000, which has a capacity of up to 6000kg/h butter, making it the largest buttermaking machine in India. The new machine will be brought into operation in [...]...
  • Clearance For Arla Foods UK and Yeo Valley Deal The British Competition and Markets Authority (CMA) has cleared Arla Foods UK’s proposed acquisition of Yeo Valley Dairies, a subsidiary of the Yeo Valley Group. The transaction will give the farmer-owned dairy co-operative the rights to use the Yeo Valley brand in milk, butter, spreads and cheese under an intellectual property licence with Yeo Valley. The [...]...

Tata Acquires British Salt For £93 Million

Tata Acquires British Salt For £93 Million
December 21
11:40 2010

India-based Tata Chemicals has entered the UK food market with the £93m acquisition of British Salt, Britain’s leading manufacturer of pure dried vacuum salt products with 50% market share. Tata Chemicals is the market leader in packaged salts in India with more than half the total market consuming Tata brands.

The £93m acquisition has been made through Tata Chemicals’ subsidiary Brunner Mond, Britain’s largest soda ash producer and the second biggest in Europe. Headquartered in Northwich, UK, where it also has two manufacturing plants (see picture), Brunner Mond became part of Tata Chemicals in 2006.

British Salt owns brine wells in the UK with a residual life of 50 years. The acquisition provides an opportunity to secure long-term brine supplies for Brunner Mond operations. Apart from its core business of salt manufacturing and supplying, British Salt is also active in the gas storage business, which has the potential to generate additional cash flows.

“The acquisition is in line with the strategy of Tata Chemicals to deepen its presence in the food and farm sectors and will result in securitising raw material for Brunner Mond operations,” says R Mukundan, managing director of Tata Chemicals. “The combined entity will improve the overall financial position of our European operations.”

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements