Morrison & Foerster advised LSE-listed Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, on its acquisition of Sweet Green Fields (SGF), a leading global stevia solutions business.
The acquisition strengthens Tate & Lyle’s position as a leading provider of innovative sweetener solutions with the capabilities to create foods and beverages that are lower in sugar and calories and with cleaner labels for customers around the world. The acquisition also extends Tate & Lyle’s presence in the rapidly developing Asia Pacific region with dedicated stevia production and research and development facilities located in Anji, China.
The transaction was announced on December 1, 2020.
Morrison & Foerster is widely recognized as one of the world’s leading law firms for food, agriculture, and ag-tech M&A transactions, including being “Top Ranked” in the space by legal directory Chambers Global.
The MoFo deal team was led by London Corporate partner Andrew Boyd. The global deal team included Shanghai Corporate partner Chuan Sun; Hong Kong Tax partner Matthew Lau; Boston Corporate associate Leo Martin; San Francisco Corporate associates Amy Chen and Olga Terets; London Corporate associates Patrick Barrett and Nishita Vasan; Shanghai Corporate associates Tian Zhou and Sarah Wang, and Corporate consultant Huijun Zhang; Beijing Corporate senior consultant Xuezi Dan; and Hong Kong Corporate of counsel Catherine Liu and associates Katrina Tsoi and Julia Lee.