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HP Foods
HP Foods Limited, formerly based in Birmingham, England was best known as the producer of HP, Lea & Perrins, and Daddies sauce brands.BBC Newsbr> Heinz buys HP sauce in £470m deal 20 June 2005. Retrieved on 11 March 2008. It was also the UK licensee, from Heinz, of Chinese food and condiment brand Amoy Food. Formerly the Midlands Vinegar Company and Smedley HP Foods Limited, it was acquired by Imperial Foods, a division of Imperial Group. Edward Eastwood and his nephew Edwin Samson Moore established the Midland Vinegar Company at Aston, Birmingham in 1875. HP Foods Ltd was retained by Imperial's parent company Hanson plc even after the demerger of the Imperial Group. It was sold to Groupe Danone SA in 1988 for £199 million. It was sold by Danone to Heinz in June 2005 for £470 million. However, in October of that year the takeover was referred by the UK's Office of Fair Trading to the Competition Commission. After a review the Competition Commission approved th ...
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Private Company Limited By Shares
A private company limited by shares is a class of private limited company incorporated under the laws of English law, England and Wales, Northern Irish law, Northern Ireland, Scots law, Scotland, certain Commonwealth of Nations, Commonwealth countries, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. "Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the Capital (economics), capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thus protected in the event of the company's insolvency, but any money invested in the company may be lost. A limited company may be "private" or "public". A private limited company's Corporation#Financial disclosure, disclosure requirements are lighter, bu ...
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Office Of Fair Trading
The Office of Fair Trading (OFT) was a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforced both consumer protection and competition law, acting as the United Kingdom's economic regulator. The OFT's goal was to make markets work well for consumers, ensuring vigorous competition between fair dealing businesses and prohibiting unfair practices such as rogue trading, scams, and cartels. Its role was modified and its powers changed with the Enterprise Act 2002. The Department for Business, Innovation and Skills (BIS) announced reforms to the consumer protection and competition regimes. Under the provisions of the Enterprise and Regulatory Reform Act 2013, the Competition and Markets Authority (CMA) was established on 1 April 2014, combining many of the functions of the OFT and the Competition Commission and superseding both. Regulation for the consumer credit industry passed from the OFT to the new Financial Condu ...
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Food And Drink Companies Established In 1875
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultura ...
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