KPS Capital Partners to Acquire Controlling Stake in Tate & Lyle’s Primary Products Business in North America and Latin America
KPS Capital Partners, LP announced today that it has entered into a definitive purchase agreement with Tate & Lyle PLC to acquire a controlling stake in its Primary Products business in North America and Latin America and its interests in the Almidones Mexicanos S.A de C.V and DuPont Tate & Lyle Bio-Products Company, LLC joint ventures, through a newly formed company, for an enterprise value of $1.7 billion. …