Tate & Lyle invests in Sweet Green Fields

Tate & Lyle PLC, a global provider of food ingredients and solutions, has entered into an agreement to acquire a 15% equity holding in Sweet Green Fields, one of the largest privately held, fully integrated global stevia ingredient companies. This builds on the April 2017 agreement, which saw Tate & Lyle become the exclusive global distributor of Sweet Green Fields’ portfolio of stevia-based ingredients.

“We are delighted to build an even closer partnership with Sweet Green Fields,” said Nick Hampton, chief executive, Tate & Lyle. “Their industry-leading portfolio of stevia-based ingredients is highly complementary to our portfolio of proprietary sugar reduction solutions, and the results from the first year of our global distribution partnership have been very encouraging. We look forward to working together with the Sweet Green Fields team to deliver truly break-through, great-tasting stevia products for our customers.”