The financial terms of the deal, announced on March 20, weren’t disclosed.
This marks the company’s second significant investment within a month.
The plan seeks to expand the area under irrigation by an additional one million acres over the next decade.
The company aims to integrate its advanced yeast cultivation technology with Leiber’s expertise in processing yeast extract and yeast cell walls.
Ingredion says the attribute of texture can impact consumers’ eating experience as well as their perception of the food’s nutritional value.