KPS Acquires Remaining Ownership Interest in Primary Products Investments

Paul, Weiss advised KPS Capital Partners, LP in its $350 million acquisition of Tate & Lyle PLC’s remaining ownership interest of 49.7% in Primary Products Investments LLC, or Primient, a leading producer of food and industrial ingredients made from plant-based, renewable resources. The deal enables Primient to continue to modernize its operations, supporting growth initiatives and industry-leading sustainability practices.

The Paul, Weiss team was led by Angelo Bonvino, Cullen Sinclair and Daniel Fuschillo, and included, among others, corporate partners Suhan Shim and Rohan Dey and counsel Arik Hirschfeld and Todd Hahn; antitrust partner Annie Herdman, and counsel Yuni Sobel and Chad de Souza; litigation partner Aidan Synnott; and environmental counsel William O'Brien.