date:Mar 26, 2013
t in with Rhone's current investments.
Rhone will support existing management to expand the bakery supplies business globally and build on its innovation capabilities, Managing Director Steven Langman said in the CSM statement.
LONG-TERM FUNDS
No-one at Rhone Group was immediately available for further comment.
CSM, which is also selling its brand name to Rhone, had already told investors it did not have the necessary long-term funds to invest in both its lactic acid products and its traditi