Article: Mergers & acquisitions.

U.S. FOODSERVICE completed the sale of its SOFCO division in New York to BUNZL DISTRIBUTION MIDCENTRAL, INC., a subsidiary of BUNZL PLC, a UK-based distribution and outsourcing company. The SOFCO division is a specialty distributor of janitorial, health care, industrial packaging and paper products with sales in 2004 of about $175 million.

CARGILL INC. agreed to buy DEGUSSA AG'S food ingredients business for $670 million, effectively strengthening its range of texturant systems and flavoring capabilities. The Degussa food ingredients business consists of the Texturant Systems (hydrocolloids, blends, lecithin, cultures and bioactive ingredients) and Flavors ...

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