Suttons Tankers says it will not seek to renew its current contract for the supply of bulk sugar products with British Sugar when the current contract expires later this year.
The company said it wanted to focus on its core business in the hazardous chemicals, gases and fuels sectors.
The decision brings to an end a eight-year relationship between the two companies, and follows Suttons acquisition of Imperial Tankers in September 2014 which increased its ADR network fleet to more than 700 road tankers.
Michael Cundy, Suttons Tankers managing director said: “We have valued the relationship with British Sugar over the last eight years. It nevertheless serves in the best interests of the company to have a clear focus on developing our core activities in the hazardous chemicals, gases and fuels sectors. We have agreed to continue beyond the end of the contract to ensure British Sugar have time to find a suitable replacement.”