Tate & Lyle to acquire UK and Ireland B2C activities from Tereos.

Tate & Lyle, a holding company for an international group of companies which produces and markets ingredients and solutions for the food, beverage, industrials and agriculture industries around the world, agreed to acquire UK and Ireland B2C activities from Tereos, a cooperative conglomerate, primarily active in the processed agricultural raw materials. Financial terms were not disclosed. Tereos is very pleased that Tate & Lyle is acquiring the UK site and securing the future for all the experienced employees, the factory and storage facilities. It will enable the B2C market in the UK to maintain the same level of quality and services with a warranty of supply.