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Tate & Lyle PLC and Manus Partner to Expand All-Americas-Sourced Stevia Reb M Access

Nov 06, 2024•over 1 year ago

Contract Type

partnership

New ZealandBiotechnologyFood and BeverageFood And BeverageE Commerce

Description

Tate & Lyle PLC and Manus have announced a strategic partnership, known as The Natural Sweetener Alliance, to expand access to natural sugar reduction solutions. The partnership will bring together Tate & Lyle's extensive capabilities and expertise with Manus' bioconversion capacity in the U.S. to provide high-quality bioconverted stevia Reb, sourced and manufactured in the Americas.

Company Information

Company

CP Kelco

Location

New Zealand

About

CP Kelco is a U.S.-based producer of pectin, speciality gums, and other nature-based ingredients such as lily pads, orange peel, and seaweed. It was formed in 2000 by the merger of Kelco and Copenhagen Pectin, and was acquired by J.M. Huber Corporation in 2004. The company has faced recent challenges with a decline in volume and margin pressure.

Predictive Intelligence
Strategic

ML-powered predictions for CP Kelco's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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