Primient Ownership Change Completed

KPS Capital Partners has completed the transaction to purchase Tate & Lyle PLC’s remaining 49.7% ownership interest in the Primary Products LLC (Primient) business.

KPS’ ongoing confidence and investment in Primient’s potential has enabled $700 million dollars in investment to modernize and renew assets across the Company’s plant footprint, clearly positioning Primient to be the most committed, most reliable, and most sustainable supplier in the food and industrial ingredients industries for decades to come.