date:Mar 17, 2014
Tate Lyle is to acquire the business and assets of Winway Biotechnology Nantong (Winway), a producer of polydextrose speciality fibre in the Peoples Republic of China.
The transaction is subject to governmental approval which is expected later in the year.
Winway operates from a manufacturing facility and laboratories in Nantong, Jiangsu Province, where it produces a range of polydextrose products which are sold to customers in China and worldwide. Tate Lyle said that it intends to invest in