20 Jun 2024 --- Tate & Lyle has agreed to acquire the entire issued share capital of CP Kelco, a leading provider of pectin, specialty gums and other nature-based ingredients, from J.M. Huber, for a total implied consideration of US$1.8 billion. The move would create a leading global speciality F&B solutions business and is expected to “drive stronger revenue growth and significant adjusted EBITDA margin improvement over the next few years,” says the company.
