WEST AFRICA – Food and beverage ingredients and solution provider, Tate & Lyle PLC, has entered into a distribution partnership with Solevo to expand its market presence in West Africa.
SOLEVO is a leading blender, packer and distributor of agricultural and industrial inputs in Africa for over 70 years.
In a press-release, Tate & Lyle announced that Solevo has become its exclusive distributor of ingredients in Ivory Coast, Senegal and Cameroon.
Dominique Floch, Regional Sales & Technical Director, Turkey, Middle East and Africa, Tate & Lyle, said, “It’s very exciting to have Solevo as our distribution partner for West Africa. The long history and experience of Solevo in Africa will be very useful to increase our market presence.”
“The African food industry is growing fast and producers are looking for ingredients and solutions that help them meet growing consumer demand for great tasting, shelf-stable food and beverages that support healthier diets. With a partner like Solevo, we are ready to support these trends.”
This agreement comes from the companies’ shared ambition to offer innovative solutions in the African continent and provide local consumers with access to high-quality food and beverage ingredients.
“We are proud to have Tate & Lyle as a partner,” said Matthieu Van Bree, Head of Industrial Chemicals, Solevo.
“With this partnership, we are expanding our position in the market of speciality food ingredients and solutions we offer to our customers in the food and beverage industry,” he added.
Tate & Lyle operates through two global divisions, Food & Beverage Solutions and Primary Products, supported by the Innovation and Commercial Development and Global Operations teams.
The Food & Beverage Solutions division consists of: Texturants, including speciality starches; Sweeteners, including low- and no-calorie sweeteners; and a Health and Wellness portfolio comprising mainly speciality fibres; and Stabilisers and Functional Systems, which are bespoke ingredient blends that ensure foods retain their structure.
Its Primary Products consists of high-volume sweeteners, industrial starches and fermentation products (primarily acidulants). It also sells co-products from the corn milling process as animal nutrition.
Tate & Lyle is listed on the London Stock Exchange. In the year to 31 March 2020, its sales totalled £2.9 billion (US$3.5 billion).
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