Tate & Lyle PLC signed an agreement to acquire the business and assets of Winway Biotechnology Nantong Co. Ltd.
March 13/London/Press Release -- Tate & Lyle PLC, a global provider of speciality food ingredients and solutions, signed an agreement to acquire the business and assets of Winway Biotechnology Nantong Co. Ltd., a producer of polydextrose speciality fiber in the People’s Republic of China.
The transaction is subject to governmental approval which is expected later in the year.