Tate & Lyle

Quantum produces fructo-oligosaccharides (FOS) and galacto-oligosaccharides (GOS). Pic: Getty Images/ddukang

Tate & Lyle to acquire Chinese dietary fiber business

By Jim Cornall

Tate & Lyle PLC has signed an agreement to acquire Quantum Hi-Tech (Guangdong) Biological Co., Ltd (Quantum), a prebiotic dietary fiber business in China from ChemPartner Pharmatech Co., Ltd (ChemPartner) for a total consideration of $237m.