date:Jul 18, 2013
. The business received a license to operate under new Chinese regulations put in place in 2010.
The combination of Tate Lyles global blending capabilities and recipe know-how with Howbetters strong local expertise and infrastructure provides us with an excellent platform on which to accelerate the growth of our food systems business in China, said Olivier Rigaud, president of Specialty Food Ingredients for Tate Lyle.
Tate Lyle will acquire 22% of its equity interest from Xuzhou Yitong Food