Tate & Lyle has bought an 80% stake in German family-run speciality ingredients firm GC Hahn.

The £79m deal is part Tate & Lyle's bid to focus more on value-added ingredients and less on commodities.

“This investment complements our existing teams, and will strengthen our European marketing presence, opening new opportunities for developing our Splenda Sucralose business,” said Iain Ferguson, Tate & Lyle's chief executive.