» French Firm Lesaffre Buys Red Star

French Firm Lesaffre Buys Red Star

Posted: 1:00 am Thu, August 10, 2000
By admin

Universal Foods Corp. will sell its Red Star Yeast division to a French yeast maker for $125 million, the company said Wednesday.Red Star Yeast, with a manufacturing plant in Baltimore, is a brand name known to bread companies and cooks nationwide since its founding in 1882.Its sale to Lesaffre et Compagnie will allow Universal ...

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