Tate & Lyle

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Market Cap:
£3.21 billion
684.80 GBX
52 weeks high
52 weeks low

In brief

Tate & Lyle PLC (Tate & Lyle) is engaged in the development, manufacture and marketing of food and industrial ingredients that have been made from renewable sources. The Company operates through four divisions: Food & Industrial Ingredients, Americas; Food & Industrial Ingredients, Europe; Sucralose and Sugars. Tate & Lyle has more than 50 production worldwide. The Company participates mainly in four markets: food and beverage; industrial; pharmaceutical and personal care, and animal feed. On June 15, 2007, the Company acquired 80% of G.C. Hahn & Co. (Hahn). Hahn provides customized ingredient solutions to global customers. On April 22, 2007, the Company disposed of its shareholding in Tate & Lyle Canada (Redpath). On December 28, 2007, the Company disposed of its 49% indirect shareholding in Grupo Industrial Azucarero de Occidente, S.A. de C.V. (Occidente). In July 2008, the Company announced the sale of its international sugar trading operations to Bunge Limited