Citi and Goldman Sachs have advised Tate & Lyle on their acquisition of CP Kelco, a leading provider of nature-based ingredient solutions, from J.M. Huber for $1.8 billion.
![Citigroup Office Stands Tall as the bank faces repercussions after closing its public finance division. PHOTO: IM Dyson/Getty Images](https://krugmaninsights.com/wp-content/uploads/2023/12/download-4-1024x682.webp)
This strategic move supports Tate & Lyle’s focus on growth, significantly strengthening their Sweetening, Mouthfeel, and Fortification platforms. According to CEO Nick Hampton, the acquisition will