Jamieson is pleased to announce it has advised the management team of Tate & Lyle’s Primary Products business on the majority stake sale to KPS Capital Partners.
The Primary Products Business is a leading provider of nutritive sweeteners, industrial starches, acidulants and other corn-derived products in North America and Brazil. Founded in 1906 as A.E. Staley Manufacturing Co., the Primary Products Business has an over 100-year history of producing corn-derived products in the United States. The Company produces corn-derived products for a diverse set of end-uses including carbonated beverages, confectionery products, packaging applications and animal feed, among others, and is proud to serve some of the world’s most recognisable food and beverage brands.
Ian Jamieson, Jonny Jones, Mike Sirkin and Henry Balcerak advised the management team on the transaction.