Tate & Lyle oat facility
MARCH 2019Sector: Consumer
Service: M&A
Our role
Exclusive financial adviser to Lantmännen on the acquisition of Tate & Lyle Oat Ingredients
Target
Tate & Lyle Oat Ingredients was founded in 2005 as Biovelop AB. Since 2013, the company has been wholly owned by listed UK company Tate & Lyle PLC. Based in Kimstad, Sweden, Tate & Lyle Oat Ingredients is a producer of natural oat beta-glucan and oat-based proteins
Buyer
Lantmännen is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Owned by 19,000 Swedish farmers, Lantmännen has 10,000 employees, operations in over 20 countries and an annual turnover of approx. SEK 45 billion
