FDBusiness.com

Tate & Lyle Acquires Leading Chinese Polydextrose Business

 Breaking News
  • Mergers & Acquisitions – Biggest Buyers and Sellers in 2019 Orkla, Pernod Ricard, Nestlé, Asahi, PepsiCo, Lactalis, Anheuser-Busch InBev, Azelis, Berlin Packaging, Kirin and Waterlogic were the most acquisitive companies of 2019, according to the bevblog.net food and drink transactions database,...
  • Tailored Insights For the Food Industry at Packaging Innovations 2020 Packaging Innovations 2020 will host curated content designed to tackle the biggest challenges faced by the food, drink, beauty, pharmaceutical and healthcare, e-commerce, and retail sectors, as part of the show’s...
  • Fazer Becomes Market Leader in Gluten-free Bakery Products Fazer Group is continuing to execute its growth strategy and invest in growing product categories by acquiring Vuohelan Herkku’s bakery and mill businesses. Vuohelan Herkku is one of the forerunners...
  • C&C Group Chief Retires C&C Group, the Irish and British drinks business, has announced that Stephen Glancey has stepped down as CEO and will leave the company at the end of February. Stephen Glancey...
  • KK Foods Plans £5.5 Million Expansion KK Fine Foods, a leading frozen food manufacturer based at Deeside in Wales, is set to expand and diversify with support from the Welsh Government, creating an additional 40 new...

Tate & Lyle Acquires Leading Chinese Polydextrose Business

Tate & Lyle Acquires Leading Chinese Polydextrose Business
March 18
10:06 2014

Tate & Lyle, the global speciality food ingredients and solutions group, has agreed to acquire Winway Biotechnology Nantong, a leading producer of polydextrose speciality fibre in the People’s Republic of China. The transaction is subject to governmental approval which is expected later in the year.

Winway operates from a manufacturing facility and laboratories in Nantong, Jiangsu Province, where it produces a range of polydextrose products which are sold to customers in China and worldwide. Tate & Lyle intends to invest in the Nantong facility over the next two years to expand capacity and enhance its speciality fibre product offering. Nantong will become Tate & Lyle’s third polydextrose facility globally, in addition to existing lines in the Netherlands and the US.

Polydextrose is a premium, low calorie bulking agent and dietary fibre. It plays a key role in replacing the technical functionality of sugar, providing bulk, body, texture and mouthfeel in reduced calorie, no-added-sugar and/or high fibre foods. A soluble dietary fibre with prebiotic properties, polydextrose helps support gastrointestinal health, is very well tolerated, has a low glycemic/blood glucose response, and is clean tasting and easy to use.

Polydextrose is one of Tate & Lyle’s growing range of speciality fibres which includes PROMITOR® Soluble Corn Fibre, PROMITOR® Soluble Gluco Fibre and PromOat® Beta Glucan.

Olivier Rigaud, president of Speciality Food Ingredients for Tate & Lyle, says: “The acquisition of Winway provides us with an excellent platform from which to accelerate the growth of our specialty fibres business in Asia Pacific, and to expand our Health and Wellness offering globally.”


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

[eventlist]

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements