Tate & Lyle completes acquisition of tapioca business in Thailand

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Global provider of food and beverage ingredients and solutions, Tate & Lyle, has completed the acquisition of an 85% shareholding in Chaodee Modified Starch Co.

The company is a well-established tapioca modified food starch manufacturer located in Thailand.

The signing of a conditional agreement for this acquisition was announced on October 28, 2020.