Tate & Lyle signs agreement to acquire the entire issued share capital of CP Kelco U.S.; CP Kelco China; and CP Kelco ApS
All posts tagged Tate & Lyle
Tate & Lyle sells its remaining 49.7% interest in Primient to KPS Capital Partners
LONDON: Tate & Lyle PLC has announced the sale of its remaining 49.7% interest in Primient to KPS Capital Partners, LP, marking the completion of a six-year strategic overhaul aimed at positioning the company as a leader in specialty food and beverage solutions. The transaction, valued at 6.5 times EV/EBITDA for the year ended 31…
Tate & Lyle to acquire Quantum Hi-Tech for $237 million
LONDON, UK: Tate & Lyle has signed an agreement to acquire Quantum Hi-Tech (Guangdong) Biological Co., a leading prebiotic dietary fibre business in China from ChemPartner Pharmatech for a total consideration of US$237 million, a bourse filing noted. Nick Hampton, Chief Executive at Tate & Lyle, said: “We are delighted to announce the agreement to…
Vivid Sehgal appointed Chief Financial Officer of Tate & Lyle PLC
LONDON: Tate & Lyle PLC announced the appointment of Vivid Sehgal to the position of Chief Financial Officer with effect from 1 May 2021. Vivid will join Tate & Lyle as Chief Financial Officer Designate, and be appointed to the Board of Directors, from 1 March 2021. Over the following two months he will work…
Tate & Lyle acquires Sweet Green Fields
LONDON: Tate & Lyle Plc, a leading global provider of food and beverage ingredients and solutions, announced the acquisition of Sweet Green Fields (SGF), a leading global stevia solutions business. The acquisition of SGF brings a broad portfolio of stevia products and a fully integrated stevia supply chain to Tate & Lyle including leaf sourcing,…
Tate & Lyle to acquire tapioca business in Thailand
LONDON: Tate & Lyle Plc has signed an agreement to acquire an 85% shareholding in Chaodee Modified Starch Co., Ltd. (CMS), a well-established tapioca modified food starch manufacturer located in Thailand. This investment extends Tate & Lyle’s presence in speciality tapioca-based texturants and establishes a dedicated production facility in the main tapioca region of eastern…