Position as a global provider of sugar reduction and clean-label solutions strengthened by acquisition of stevia sweetener solutions business
Tate & Lyle PLC (Tate & Lyle), a global provider of food and beverage ingredients and solutions, is pleased to announce the acquisition of Sweet Green Fields (SGF), a 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, leaf varietal development, established agricultural programmes and cost-efficient manufacturing. It strengthens Tate & Lyle’s position as a leading provider of innovative sweetener solutions with the capabilities to create foods and beverages that are lower in sugar and calories and with cleaner labels for customers across the world. The acquisition also extends Tate & Lyle’s presence in the faster growing Asia Pacific region with dedicated stevia production and research and development facilities located in Anji, China.