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Cargill winds up Duckworth's pension

27th April 2009

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ONE of the largest private companies in the world is concluding the winding-up of the pension scheme at its operation in Manchester.

Minneapolis-based Cargill, which employs 160,000 people in 67 countries, produces and distributes food ingredients.

It bought Trafford Park-based food flavourings firm Duckworth Group for around £40m in 2004 and renamed the business Cargill Flavour Systems.

Last year the new owners decided to shut down Duckworth's defined pension scheme as part of an efficiency drive. The f......for the full story register now for free or login below...


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