ICI SUBSIDIARY SELLS NATURAL COLOURS BUSINESS TO DANISH FIRM.
Elsewhere, ICI said its Quest International subsidiary had agreed to sell its Natural Colours Business to Christian Hansen A/S of Denmark for USD55 million in cash. Quest sold the business following a strategic review of its food division and it had decided to concentrate on its strong market positions in flavours, bio-ingredients and emulsifers. The Natural Colours Business has annual sales of...
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