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 news

Hong Kong compostable food packaging startup lands $6 million funding round

Hong Kong compostable food packaging startup lands $6 million funding round

18 May 2020

Hong Kong startup Ecoinno received US$6 million in Series A funding from the Alibaba Entrepreneurs Fund to help stand up its manufacturing facilities as well as increase its overall production of its biodegradable packaging. This is the startup’s secon...

Read more 
COVID-19: Zomato delivery app shows body temperature of drivers in India

COVID-19: Zomato delivery app shows body temperature of drivers in India

27 Apr 2020

In an effort to further increase the safety of those ordering take out, Zomato introduced a temperature tracking feature on its delivery app in India. The feature was released the week of April 13 and covered 50% of the application’s delivery partners ...

Read more 
Catered foodservice meals in the UK to have 20% less meat

Catered foodservice meals in the UK to have 20% less meat

24 Apr 2020

Public sector caterers serving schools, universities, hospitals and care homes have pledged to reduce the amount of meat served on their menus by 20%. There is simultaneously a focus on reducing overall red meat offerings.

Read more 
Scientists discover enzyme, breaks down 90% of PET polymers in hours

Scientists discover enzyme, breaks down 90% of PET polymers in hours

21 Apr 2020

PET plastic can now be broken down into food-grade materials within 10 hours due to a discovery by scientists at industrial chemical firm Carbios. This discovery will transition into industrial-scale trials in 2021 with the help of Carbios’ partnership...

Read more 
Swedish Algae Factory sparks interest from investors and judges

Swedish Algae Factory sparks interest from investors and judges

20 Apr 2020

Swedish Algae Factory received an investment from the Dutch sustainable aquaculture investment fund Aqua-Spark. The funding amount of the investment was undisclosed. This investment follows on the heels of the algae startup’s recent €500,000 award from...

Read more 
Barclays predicts vertical farming will disrupt food production

Barclays predicts vertical farming will disrupt food production

15 Apr 2020

Vertical farming has a $50 billion market opportunity and a chance to mitigate sustainability issues within traditional fresh fruit and vegetable agriculture, according to new research by Barclays Capital.

Read more 
ADM announces sweeping sustainability goals

ADM announces sweeping sustainability goals

14 Apr 2020

In an effort to further advance the sustainability of its operations, Archer Daniels Midland (ADM) has committed to reducing its absolute greenhouse gas emissions by 25% and its energy intensity by 15% by 2035.

Read more 
Cycloponics to expand organic farming facilities in French car parks

Cycloponics to expand organic farming facilities in French car parks

9 Apr 2020

A French subterranean agriculture startup launched its first funding round last November and raised almost double the investment that was requested. When Cycloponics launched on Lita.co, a platform for investment in sustainable companies, the company h...

Read more 
Lonza focuses on sustainable

Lonza focuses on sustainable

26 Feb 2020

Lonza has revealed research that shows over half of US supplement users now seek products with sustainable origins.

Read more 
Tyson launches Coalition for Global Protein

Tyson launches Coalition for Global Protein

22 Jan 2020

Tyson Foods has announced the creation of the Coalition for Global Protein, a multi-stakeholder initiative to advance the future of sustainable protein.

Read more