Tate & Lyle sells oat business

27 Mar 2019

Tate & Lyle has reached agreement to sell its oat ingredients business, based in Kimstad, Sweden, to Swedish agricultural cooperative Lantmännen.

Completion of the transaction will take place on 29 March 2019.

Tate & Lyle sells oat business

Joan Braca, President, Food & Beverage Solutions, Tate & Lyle said: “We are pleased to reach this agreement with Lantmännen which represents a good outcome for our oat ingredient employees and customers, and enables us to focus our business on serving our customers in our main food and beverage categories. We wish Lantmännen and its employees every success for the future.”



Related categories

Related tags

Bakery

Related news

Orkla acquires Swedish ingredients supplier

Orkla acquires Swedish ingredients supplier

12 Apr 2019

Through its wholly-owned subsidiary Orkla Food Ingredients, Orkla has entered into an agreement to purchase Zeelandia Sweden, a supplier of margarine, vegetable oils and bakery ingredients to the Swedish market.

Read more 
Lesaffre opens new Baking Center

Lesaffre opens new Baking Center

12 Apr 2019

Lesaffre has opened a new Baking Center in Vienna, Austria that it says is 100% dedicated to its industrial customers.

Read more 
Corbion to acquire Brazilian baking blends company

Corbion to acquire Brazilian baking blends company

28 Mar 2019

Corbion has entered into an agreement with the shareholders of Granotec do Brazil - a specialist in functional blends for the Brazilian bakery industry - to acquire full ownership of the company.

Read more 
Cargill announces range of premium filling fats

Cargill announces range of premium filling fats

11 Mar 2019

To help bakery and confectionary producers solve a number of major challenges, Cargill is launching CremoFLEX, its latest range of premium filling fats, across Europe.

Read more 
Cargill launches PalmAgility shortening line

Cargill launches PalmAgility shortening line

8 Feb 2019

According to Cargill, bakery producers know that finding a single shortening that meets the range of challenges they face can be difficult. Cargill’s newest palm shortening line, PalmAgility is designed to fill that gap.

Read more 
The Ingredient House to distribute egg replacer

The Ingredient House to distribute egg replacer

9 Jan 2019

Renmatix has signed a distribution agreement with The Ingredient House. Together, Renmatix said, the two companies see the potential to replace eggs in baked goods by incorporating Simple Cellulose.

Read more 
Orkla acquires 90% of Easyfood

Orkla acquires 90% of Easyfood

9 Jan 2019

Through its wholly-owned subsidiary Orkla Foods Danmark, Orkla has entered into an agreement to purchase 90% of the shares in Easyfood, a Danish producer of bread-based convenience products for the out-of-home channel.

Read more 
Campden BRI to host gluten free/free from bakery conference

Campden BRI to host gluten free/free from bakery conference

21 Dec 2018

The third Gluten Free and Free From Bakery Conference, from 26-27 March, will bring together industry experts and academics to discuss key research and share solutions with the free from bakery sector.

Read more 
Stevia outpaces aspartame in new product launches

Stevia outpaces aspartame in new product launches

27 Nov 2018

The number of new stevia-sweetened foods and drinks overtook new products with aspartame in 2017, according to global data from Innova Market Insights.

Read more 
Nuts gain from awareness of healthy fats

Nuts gain from awareness of healthy fats

19 Nov 2018

Demand for products containing nuts is on the rise, aided by ongoing research into their health benefits and growing consumer understanding of healthy fats.

Read more