LONDON, Nov. 1, 2018 /CNW/ - Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, and Quadra, North America's premier distributor of specialty ingredients and raw materials, today announced an expanded partnership. Tate & Lyle has selected Quadra as its preferred national distributor in Canada for its Food & Beverage Solutions Division.
"We sought a well-rounded specialty ingredients distribution partner to support our entire product portfolio in all market categories," said Bill Magee, Senior Vice President and General Manager, Food & Beverage Solutions North America, Tate & Lyle. "Tate & Lyle's extensive portfolio of texturants, fibres, no and low calorie sweeteners, and stabilisation ingredients is well aligned with Quadra's depth of expertise and service capabilities in the Canadian market. The synergies between our companies and this expanded partnership will provide mutual growth opportunities and increased penetration in the Canadian markets we serve."
As a global leader in sugar reduction and texturant solutions, Tate & Lyle helps the food industry respond to the ever-changing needs of consumers. The new partnership between Quadra and Tate & Lyle builds on the two companies' strengths to bring innovative solutions to the Canadian market.
"Quadra is thrilled to expand our partnership with Tate & Lyle, a leader in innovative ingredients and solutions with an extraordinary passion for the science of food. Adding Tate & Lyle into our family of world class suppliers is complimentary to Quadra Ingredients' business model and is in alignment with our strategic vision," said Christine Infilise, Vice President, Quadra Ingredients.
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 2018, Tate & Lyle sales totalled £2.7 billion. For more information, please visit http://www.tateandlyle.com
Established in 1976, Quadra is a family owned market leader in the distribution of chemicals and ingredients in Canada. Quadra has a vast Canadian distribution network with owned facilities in Quebec, Ontario, Alberta and British Columbia, and more than 40 stocking locations strategically located across the country. Quadra is named one of Canada's Best Managed Companies (Platinum Member), as well as being recognized by Great Places to Work™ Canada. Quadra's Ingredients Division offers a broad range of high quality nutritional and functional ingredients, specialty products as well as formulation and blending services to the food and nutritional supplements industries. Their specialized sales and marketing team provide strong technical support and extensive market knowledge, providing value-added solutions to its customers.
SOURCE Tate & Lyle PLC