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CP Kelco acquisition boosts Tate amp; Lyle EBITDA For the fiscal year ended March 31, Tate Lyle gave fiscal-year pro forma results, a scenario under which Tate Lyle would have acquired CP Kelco on April 1, 2024 Under pro forma results, EBITDA was ₤446 million ($602 million), up 5% from the previous fiscal year, with Tate Lyle’s EBITDA up 4% to ₤338 million and CP Kelco’s EBITDA
EXCEL Marks Completion of CP Kelcos Okmulgee Plant CP Kelco is a renowned biodome manufacturer specializing in producing gellan gum, a key ingredient in various applications, including energy drinks, dietary fiber supplements, and organic, non-GMO-certified products This expansion project was initiated to address the growing demand for gellan gum
Tate Lyle completes acquisition of CP Kelco UK - Tate Lyle PLC has announced the completion of its acquisition of CP Kelco, a global supplier of pectin, specialty gums, and other natural ingredients The deal, finalized on November 15, 2024, involves the purchase of CP Kelco U S , CP Kelco China, and CP Kelco ApS, along with their subsidiaries, from J M Huber Corporation
Huber Propels Future Growth of CP Kelco Through Sale to Tate Lyle . . . J M Huber Corporation announced today that it has entered into an agreement to sell CP Kelco, one of the companies in its portfolio, to Tate Lyle, a global food and beverage solutions business headquartered in London, UK
Proposed combination of Tate Lyle and CP Kelco to create a leading . . . Tate Lyle announces that it has entered into an agreement to acquire the entire issued share capital of (i) CP Kelco U S ; (ii) CP Kelco China; and (iii) CP Kelco ApS together with each of their respective subsidiaries (together ‘CP Kelco’), a leading provider of pectin, speciality gums and other nature-based ingredients, from J M Huber
Kirkland Advises J. M. Huber Corporation on Sale of CP Kelco to Tate . . . Kirkland Ellis is advising J M Huber Corporation on the sale of the entire issued share capital of CP Kelco U S ; CP Kelco China; and CP Kelco ApS together with each of their respective subsidiaries (together ‘CP Kelco’) to Tate Lyle for a total implied consideration of $1 8 billion (approximately £1 4 billion), on a cash-free, debt