Tate & Lyle

Tate & Lyle PLC is a multinational company headquartered in London, specializing in providing high-quality ingredients and solutions for the food, beverage, and other industries worldwide. The company operates through three main segments: Food & Beverage Solutions, Sucralose, and Primary Products. Its offerings include texturants, nutritive sweeteners like high fructose corn syrup and dextrose, health and wellness ingredients, and stabilizers. Additionally, Tate & Lyle supplies industrial starches for various applications, including paper and packaging, as well as acidulants and commodities for animal nutrition. Following the divestiture of its commodity ingredients business in 2022 and its previous exit from the sugar sector, the company has shifted its focus towards specialty ingredients such as sweeteners, starches, and soluble fiber. With a workforce of approximately 2,700 employees, Tate & Lyle operates in over 140 countries, generating a significant portion of its revenue from North America.

David Atkinson

Managing Partner

Jeffrey Sands

Senior Vice President, Strategy and M&A

22 past transactions

Sweet Green Fields

Acquisition in 2020
Sweet Green Fields is one of the leading global innovators of stevia leaf extracts. Sweet Green Fields' focus on innovation began in 1999 with the creation of improved stevia varieties through an extensive plant breeding program. This early establishment of proprietary stevia leaf has enabled Sweet Green Fields' commitment to its "taste the extraordinary" program, pursuing the goal of creating the most sugar-like taste from the stevia leaf.

Changing Health

Seed Round in 2018
Built on a robust base of scientific evidence, our programmes empower people with the tools and knowledge to make lasting lifestyle changes. We’ve combined health coaching rooted in behavioural psychology with engaging digital education, delivering outcomes that stand up to rigorous evaluation. This approach enables healthcare organisations around the world to deliver game-changing support at scale, making the most of scarce time and resources.

Evolve Biosystems

Series B in 2017
Evolve Biosystems is a biotechnology company that specializes in providing microbiome-based products designed to develop, restore, and maintain. The company's platform focuses on solving the gut dysbiosis throughout the human life cycle as well as in various animal species, enabling physicians to maintain the healthy gut microbiome in newborn infants with a consumer-directed home use product, and a hospital-based neonatal ICU product.

Nutriati

Series A in 2017
Nutriati provides functional plant-based ingredients with a clean taste profile and the functional performance that CPG demands. Their plant-based ingredients are functional chickpea flour and chickpea protein. It's commercially available to help companies meet consumer demand for high-protein and non-allergenic foods. Applications include bread, baked goods, pasta, sauces, snacks, non-dairy, plant-based meat, and more.

Evolve Biosystems

Series A in 2015
Evolve Biosystems is a biotechnology company that specializes in providing microbiome-based products designed to develop, restore, and maintain. The company's platform focuses on solving the gut dysbiosis throughout the human life cycle as well as in various animal species, enabling physicians to maintain the healthy gut microbiome in newborn infants with a consumer-directed home use product, and a hospital-based neonatal ICU product.
Gemacom Tech Indústria e Comércio SA develops, manufactures, and supplies systems and stabilizing mixtures of food ingredients. Gemacom Tech Indústria e Comércio SA provides modified starches, aromas, dyes, milk and whey protein concentrates, sweeteners, thickeners and stabilizers.

Winway Biotechnology Natong Co

Acquisition in 2014
Winway Biotechnology Natong Co. Ltd. manufactures and markets polydextrose specialty fiber. The company is based in Nantong, China.

Jiangsu Howbetter Food Co. Ltd.

Acquisition in 2013
Jiangsu Howbetter Food Co. Ltd. provides stabilizer systems and ingredient blends for the dairy and beverage industries.

Biovelop International AB

Acquisition in 2013
Biovelop International AB develops and produces oat beta glucan and other specialty ingredients. The company specializes in the fractionation of cereal grains to produce ingredients for use in food, beverages, nutritional supplements, cosmetics, and personal care products. Its products include PromOat, an active soluble fibre in oat bran for use in various foods, beverages, and nutritional supplement products to lower cholesterol, modulate blood sugar levels, and improve digestive health; and Avenacare, a liquid form of active oat beta glucan for use in cosmetics and personal care products to reduce skin irritation, soothe redness, and strengthen hair. The company also provides prOATein (oat protein), a non-dairy, non-GMO protein alternative for boosting the protein content of various nutritious products, including bars, bread, baked goods, meal replacement shakes, meat products, pasta, sports nutrition products, and supplements.

Allylix

Venture Round in 2012
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.

Allylix

Series C in 2010
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.

Aquapharm Biodiscovery

Series C in 2010
Aquapharm is an innovative drug discovery company focussed on developing new products founded on the chemical diversity of marine micro-organisms. Their core focus is the development of novel pharmaceutical compounds leading to the development of novel antibiotics, targeting both Gram negative and Gram positive infections. In addition, Aquapharm's development pipeline is also fed by an active discovery portfolio of anti-oxidants, anti-inflammatories and novel biocatalysts.

Allylix

Series C in 2010
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.

Fugeia

Venture Round in 2008
Fugeia NV is develops ingredients and nutrition technologies. The company offers arabinoxylan-oligosaccharides (AXOS) ingredient that provides the health benefits of wholegrain wheat as part of the human diet, particularly in the prevention of lifestyle diseases, such as diabetes, obesity, cardiovascular diseases, and cancer; Prebiotic bread technology that allows to increase the level of arabinoxylan-oligosaccharides in bread; and AXOS-enriched beer technology that allows to increase the level of arabinoxylan-oligosaccharides. It develops products and technologies targeted for a range of market segments, including dairy and non-dairy beverages, ready-to-eat cereals, cookies and biscuits, and bread and pastry, as well as dietary supplements and therapeutics.

Allylix

Venture Round in 2007
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.

Aquapharm Biodiscovery

Series B in 2007
Aquapharm is an innovative drug discovery company focussed on developing new products founded on the chemical diversity of marine micro-organisms. Their core focus is the development of novel pharmaceutical compounds leading to the development of novel antibiotics, targeting both Gram negative and Gram positive infections. In addition, Aquapharm's development pipeline is also fed by an active discovery portfolio of anti-oxidants, anti-inflammatories and novel biocatalysts.

G. C. Hahn & Co.

Acquisition in 2007
G. C. Hahn & Co. manufactures customized food stabilizer systems for the food industry. G. C. Hahn & Co. products are used in milk, delicatessen, ready meals, sauces and soups, bakery, meat products, beverages, filling aids, fish products, savory snacks, fruit products, food service, and ice cream applications.

Cesalpinia food SpA

Acquisition in 2005
Cesalpinia food SpA manufactues and supplies food additives for food, pharmaceutical, and pet food industries. Cesalpinia food SpA provides gums, thickeners, stabilizers, jellifying agents, blends, and natural flours.

Continental Custom Ingredients

Acquisition in 2005
CCI is a recognised leader in dairy stabilisers and emulsifier systems and works closely with customers to develop ingredient systems for the North American market. CCI also has expertise in beverage flavours and vitamin and mineral fortification.
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