Tate & Lyle Acquires Plant-Based Protein Producer

Tate & Lylehas acquired substantially all of the assets ofNutriati, an ingredient technology company developing and producing chickpea protein and flour.

Under the terms of the transaction, Tate & Lyle has acquired certain assets, including intellectual property assets, and assumed selected liabilities from Nutriati.

Nutriati’s responsibly-produced chickpea ingredients have been providing customers with highly nutritious plant-based solutions since 2018, offering a superior, premium taste and mouthfeel experience.

Both the Artesa® Chickpea Protein and Artesa® Chickpea Flour can be found in leading non-dairy, plant-based meat and gluten-free brands, mainly in North America.

Previous distribution agreement

This transactionbuilds on the distribution agreementpreviously signed between the two companies.

“This acquisition complements our existing ingredient portfolio perfectly and supports our purpose pillars of supporting healthy living and caring for our planet," says Nick Hampton, CEO of Tate & Lyle.

Michael Todd, chief executive of Nutriati, says since establishing Nutriati, the company has worked to solve taste, nutrition, functionality and sustainability challenges for the plant-based and gluten-free markets.

"With a global reach and strong focus on health and wellbeing, Tate & Lyle is very well positioned to develop this offering and I wish them all the best for the future," says Todd.

The chickpeas used to produce Artesa® Chickpea Flour and Artesa® Chickpea Protein are sourced from the U.S. and Canada.

—Feed & Grain Staff