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Tate & Lyle and Solevo announce new distribution partnership for West Africa

Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients, and Solevo, a leading distributor of chemicals and inputs for specific industrial and agricultural segments in Africa, today announced a new distribution partnership. Solevo has become the exclusive distributor of Tate & Lyle’s ingredients in West African countries including Ivory Coast, Senegal and Cameroon.

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, including low calorie sweeteners, health and wellness ingredients such as soluble fibre, texturants, stabilisers, and acidulants.

“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.”

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.”

ENDS

Contact information:

Tate & Lyle PLC
prenquiries@tateandlyle.com

Solevo
communication@solevogroup.com
https://www.solevogroup.com/


About Solevo

SOLEVO is a leading distributor of chemicals and inputs for specific industrial and agricultural segments in Africa where we have been for over 70 years a key strategic partner for industries and farmers.

Our Industry division includes products and services in 7 sectors: Water treatment, Mining, Beauty & Personal Care, Homecare & Industrial Cleaning, Oil & Gas, Food and Beverage Industry, Packaging. Our portfolio in Agriculture covers fertilizers, seeds, crop protection products.

Our goal is to provide our customers with innovative solutions and quality, high-performance, sustainable products to ensure production stability, to improve yields, to support industrial development in the mining and manufacturing sectors and to ensure access to drinking water.

For more information visit our website www.solevogroup.com or visit our LinkedIn page or contact us at communication@solevogroup.com.

About Tate & Lyle:
Tate & Lyle is a global provider of solutions and ingredients for food, beverage and industrial markets.

Tate & Lyle operates through two global divisions, Food & Beverage Solutions and Primary Products, supported by the Innovation and Commercial Development and Global Operations teams. Food & Beverage Solutions is focused on growth by building leading positions globally in the categories of beverages, dairy, and soups, sauces and dressings. Primary Products is focused on delivering steady earnings and generating cash.

Food & Beverage Solutions 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.

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 under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2020, Tate & Lyle sales totalled £2.9 billion. For more information, please visit http://www.tateandlyle.com or follow Tate & Lyle on Twitter or Linkedin.




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