Former president and CEO Kaho has been promoted to executive officer and executive VP, chief human resources officer for Tokyo-based parent company Ajinomoto Co. During his previous role, he led AFNA through a multi-year investment period, helping to shape the company’s cultural transformation and expand its capabilities.
Tate & Lyle has confirmed it is in discussions with US peer Ingredion over a possible cash offer for the UK food ingredients group, following a series of “earlier approaches” from the company. Under the conditional proposal, Tate & Lyle shareholders would receive up to 615 pence per share in total value, comprising 595 pence in cash plus up to 20 pence in permitted dividends.
The Slough factory was established in 1932 by Forrest Mars, and is the birthplace of the Mars bar. It now produces several of the company’s flagship confectionery brands, meeting demand from UK consumers as well as manufacturing for distribution in Ireland and the Netherlands.
