The transaction is expected to close on July 1.
This expansion represents a significant step in Geary’s long-term growth strategy as both its branded and own-label operations continue to scale.
Country pushes for greater self-reliance as it eyes 50% processing target by 2030
Ingredion’s exclusive access to Amyris’ fermented Reb M technology will have Amyris earning royalties on Ingredion’s future sales of the sweetener.
UGMC, originally based in Jinja, was a flagship enterprise of the early NRM government after it came to power in 1986.