Tate & Lyle's acquisition of CP Kelco in November 2024 enhances its position as a leading global producer of pectin, driven by innovation and sustainability.
Information on the Target
The Großenbrode pectin plant, located on Germany's scenic Baltic coast, has been at the forefront of pectin production for over 75 years. Established in 1950, this facility specializes in creating high-quality pectin that plays a crucial role in various industries. From enhancing the texture of jams and yogurts to contributing stability in supplements and cosmetics, Großenbrode's pectin is an essential ingredient found in numerous everyday products used globally.
Under the leadership of Tate & Lyle, the Großenbrode plant has cemented its status as the world’s leading pectin producer. The plant prides itself on sustainable sourcing and innovative production methods. CEO Nick Hampton highlighted the commitment to minimizing environmental impact while maintaining a strong partnership with the local community.
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Industry Overview in Germany
Germany boasts one of the strongest food industries in Europe, known for its emphasis on quality, innovation, and sustainability. This sector is characterized by a diverse range of products, including dairy, baked goods, and conven
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Tate & Lyle
invested in
CP Kelco
in 2024
in a Other deal