EUROPE – The British agribusiness conglomerate Tate & Lyle has announced that it has extended its partnership with Azelis, a leading distributor of speciality chemicals and food ingredients.
As part of the agreement, Azelis’ will distribute Tate & Lyle’s texturants, low and no calorie sweeteners, fibres, and stabilisers in Poland, Czech Republic, Slovakia, Romania, Croatia and Slovenia.
The agreement which builds on Tate & Lyle’s existing collaboration with Azelis in the UK, France, Spain, Portugal, Ireland, Serbia, Hungary and Morocco will be effective from January 1, 2019.
“With its extensive geographical reach, deep technical expertise and market knowledge, Azelis gives us a market reach which will help grow our business in Europe.
Azelis already represents Tate & Lyle in other parts of Europe and we are pleased to extend our partnership,” said John Stewart, Commercial Director EMEA at Tate & Lyle.
Andrey Zhukov, Market Segment Director Food & Health at Azelis said: “We are thrilled with the continued expansion of our strategic partnership with Tate & Lyle. Our track record, transparency and continued growth instil confidence in our partners to collaborate with us in new territories.
With the addition of Tate & Lyle’s extensive product range to our current portfolio and their strength in delivering innovative solutions, we are boosting our offer to customers in these regions.”
The deal follows that between Azelis and Roquette which will see Azelis distribute Roquette’s food and nutrition products in several European markets.
These include Germany, Austria and the Nordics/ Baltics, Italy, Russia, Ukraine, and other Commonwealth of Independent States (CIS).
Tate & Lyle has also collaborated with Land O’Lakes SUSTAIN to advance conservation practices for sustainable corn sourcing.
The partnership enables the company to enhance sustainable agriculture by helping corn farmers target and measure the impact of their environmental stewardship efforts, using the latest technology.
Tate & Lyle reported 1% decrease in sales to US$1.81 billion in the half-year period, as a result of an impact from rising costs of doing business.