Tate & Lyle acquires Winway Biotechnology

摘要

Hate & Lyle PLC, a leading global provider of speciality food ingredients and solutions, has signed an agreement to acquire the business and assets of Winway Biotechnology Nantong Co. Ltd, 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.