Tate & Lyle acquires GC Hahn & Co
International ingredients company, Tate & Lyle has completed the acquisition of an 80% holding in German specialty food ingredients group GC Hahn & Co ("Hahn') for a total cash consideration of £78 million (€116 million).
Hahn is privately owned and was founded in 1848. Its headquarters and primary operations are located in Lübeck, Germany. It also has production operations in the UK, USA and Australia, and sales offices in 22 countries. Hahn is a recognised leader in dairy stabiliser systems and works closely with customers across the world to develop customised ingredient solutions.
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