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American Sugar Refining acquires Redpath Sugar.

American Sugar Refining Inc. (widely known as "Domino") has agreed to acquire Tare & Lyle Canada Ltd. ("Redpath"). Domino is owned 64 percent by Florida Crystals Corporation and 36 percent by Sugar Cane Growers Cooperative of Florida, an ag co-op owned by 49 sugarcane growers. Florida Crystals is a subsidiary of Flo-Sun Inc.

The acquisition will make Domino more competitive, its leaders say, and enhance its ability to serve its customers, many of whom have operations in both Canada and the United States.

Redpath operates Canada's largest cane sugar refinery in Toronto. Its sugar is marketed under the Redpath trademark, one of the oldest and most recognized trademarks in Canada. Domino markets its products under the Domino and C&H sugar brands. It owns and operates sugar refineries in Yonkers, N.Y.; Baltimore, Md., Chalmette, La., and Crockett, Calif.

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Title Annotation:NEWSLINE
Publication:Rural Cooperatives
Date:Mar 1, 2007
Words:146
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