Tate & Lyle has acquired Sweet Green Fields (SGF), a global stevia solutions business. The deal simplifies the existing relationship of both companies by creating a fully integrated supply chain and commercial organization. The acquisition also extends Tate & Lyle’s presence in the faster-growing Asia Pacific region with dedicated stevia production and research and development facilities located in Anji/China.

SGF brings a broad portfolio of stevia products and a fully integrated stevia supply chain to Tate & Lyle, including leaf sourcing, leaf varietal development, established agricultural programmes and cost-efficient manufacturing. The acquisition also strengthens Tate & Lyle’s position as a provider of sweetener solutions with the capabilities to create F&B products that are lower in sugar and calories and with cleaner labels for global customers. In the year ended 31 March 2020, Tate & Lyle’s stevia revenues grew by 23 %, making it an essential contributor to New Products revenue growth.