Tate & Lyle PLC (Tate & Lyle), a global provider of food and beverage ingredients and solutions, acquired substantially all of the assets of Nutriati, an ingredient technology company developing and producing chickpea protein and flour. Under the terms of the transaction, Tate & Lyle has acquired certain assets, including intellectual property assets, and assumed selected liabilities from Nutriati.
Nutriati’s responsibly-produced chickpea ingredients have been providing customers with highly nutritious plant-based solutions since 2018, offering a superior, premium taste and mouthfeel experience. Both the Artesa® Chickpea Protein and Artesa® Chickpea Flour can be found in leading non-dairy, plant-based meat and gluten free brands, mainly in North America.
This transaction builds on the distribution agreement previously signed between the two companies.