Tate & Lyle PLC has announced a definitive agreement to acquire CP Kelco, a leader in the production of pectin, specialty gums, and other nature-based ingredients. The deal, valued at approximately $1.8 billion (£1.4 billion), encompasses the entire issued share capital of CP Kelco U.S., CP Kelco China, and CP Kelco ApS, along with their […]
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 […]
Tate & Lyle PLC has concluded the sale of its remaining 49.7% interest in Primary Products Investments LLC (Primient) to KPS Capital Partners, LP for a total cash consideration of USD 350 million (approximately GBP 279 million). This strategic transaction not only marks the end of Tate & Lyle’s involvement with Primient but also signifies […]