Tate & Lyle has acquired CP Kelco, a nature-based ingredients company, for $1.8 billion.

© Tate & Lyle

Investments & Acquisitions

Tate & Lyle Acquires CP Kelco for $1.8 Billion in Strategic Expansion for Sugar Reduction Ingredients and Stabilisers

Global food and beverage solutions company Tate & Lyle has acquired CP Kelco, a nature-based ingredients company, for $1.8 billion on a cash-free, debt-free basis. In the announcement, Tate & Lyle stated that this acquisition “expands our offering in the large (US$19 billion) and fast-growing (6% CAGR) specialty food and beverage ingredients addressable market, and unlocks further growth opportunities in core and adjacent markets.” Tate & Lyle, originating in Britain in 1859 as the sugar refinery Henry Tate & Sons and headquartered in London, was acquired by American Sugar Refining, Inc. in 2010, ending its long association with refined sugar production. Since then, the company has aligned with consumer trends for healthier, tastier, and more sustainable products by offering sugar-reduction solutions for products such as gummies, …

more

cp kelp and chr hansen plant-based milk and yogurt in a camping set surrounded by grass

© CP Kelco & Chr. Hansen

Ingredients

Ingredients Experts CP Kelco & Chr. Hansen Develop “Next Level” Shelf-Stable Vegurts

CP Kelco and Chr. Hansen, two leading ingredient solutions companies, have collaborated to develop shelf-stable plant-based yogurt alternatives called vegurts. The companies say they have developed industrially validated prototypes of “next level” drinkable and spoonable shelf-stable vegurts that will allow manufacturers to respond to the growing demand for great-tasting plant-based dairy. “This collaboration represents a new way of helping our respective customers accelerate their product development and access technical application support globally,” said Anne Sinha, marketing director at CP Kelco, on behalf of the two companies. Chr. Hansen coined the term vegurt upon the launch of its fermentation solutions for plant-based products in 2020. The Danish ingredient expert, which also offers results for other plant-based products, recently launched a range of cultures to keep alt meat …

more

Nature-based ingredients for alt-meat

© CP Kelco

Ingredients

CP Kelco Launches Nature-Based Ingredient Solutions For Alt-Meat Products

CP Kelco has launched a portfolio of nature-based ingredients to be used in plant-based meat alternatives. The range is targeted at brands looking to make their products more clean label. The new ingredients are: KELCOGEL® MA-60 Gellan Gum — an alternative to methylcellulose, adding texture to plant-based meats without making the dough too sticky. GENU® Pectin MA-50 — made from upcycled citrus peels, this product adds extra juiciness to meat alternatives. GENU® Texturizer MA-1— provides a more robust formulation and a meatier texture. This ingredient is a blend of carrageenan (from red seaweed) and methylcellulose. NUTRAVA® Citrus Fiber boost — an alternative to starch, also made from upcycled citrus peels. The product stabilises emulsions and provides water-holding capacity to improve cooking yield and juiciness. Clean …

more