KPS Capital Partners, LP (“KPS”) has announced a definitive agreement to purchase the remaining 49.7% stake in Primary Products Investments LLC (“Primient”) from Tate & Lyle PLC (LSE: TATE.L) for $350 million. The transaction is expected to conclude by the end of July 2024, pending standard closing conditions and approvals. Primient, a leader in the […]
Woodland Foods, a leading provider of plant-based specialty ingredients based in Waukegan, Illinois, has announced its acquisition of Idan Foods, a New Jersey-based manufacturer known for its breadings, batters, coating systems, baking mixes, and seasonings. This acquisition marks a significant expansion in Woodland’s product portfolio and manufacturing capabilities, aiming to meet the increasing demand for […]