In 1988, British company Tate & Lyle acquired 90% of A. E. Staley for $1.42 billion.
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Prior to the purchase, Tate & Lyle announced that it planned to sell CFS Continental to SYSCO, another wholesale grocer, for $700 million to help fund the acquisition.
Layne Staley | Staley High School | Dawn Staley | A. E. Staley |
Morgan O'Brien was an engineer at the A. E. Staley Company, located in Decatur, Illinois, as well as a football fan who assisted George Halas in managing the administrative matters of the Decatur Staleys (renamed the Chicago Bears in 1922).