Tate & Lyle

Tate & Lyle

Provides specialty sweeteners and fiber ingredients

Overview

Tate & Lyle creates food ingredients and solutions that help make foods healthier and tastier. The company develops specialty sweeteners and dietary fibres that reduce sugar and calories, fortify foods to support digestive health, and mouthfeel solutions that improve texture, creaminess, and shelf life without relying on added sugar or fat. Its products are used by food and beverage manufacturers to reformulate products for healthier options while maintaining taste and texture. What sets the company apart is its emphasis on science-driven food solutions, global reach, and a focused portfolio of sweeteners, fibres, and texture modifiers that enable low-sugar and high-quality foods. Tate & Lyle’s goal is to transform lives through the science of food by helping create healthier foods, improving safety and working conditions, supporting communities, and driving sustainable growth.

About Tate & Lyle

Simplify's Rating
Why Tate & Lyle is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Industrial & Manufacturing

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1903

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Simplify's Take

What believers are saying

  • Shareholders approved Ingredion's 595p offer on July 28, 2026, de-risking exit certainty.
  • Ingredion targets $130 million annual synergies by 2030, supporting a stronger combined platform.
  • March 30, 2026 circularity partnerships and Yume expand premium, traceable, better-for-you demand.

What critics are saying

  • Ingredion's acquisition closes in second half 2027, ending Tate & Lyle's independence.
  • Glass Lewis opposed 2026 pay disclosure, signaling governance friction and employee morale damage.
  • Belize sugar litigation and integration synergies threaten management distraction and eventual headcount cuts.

What makes Tate & Lyle unique

  • Tate & Lyle leads sugar reduction, mouthfeel, and fortification for global food brands.
  • Yume launched February 23, 2026, pairing Manus bioconversion with Tate & Lyle formulation expertise.
  • CP Kelco added pectin and gums, strengthening texture solutions across 75 locations.

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Funding

Total Funding

$3.6B

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Employee Assistance Program

Flexible Spending Account

Private Medical Insurance

Company Pension

Company Share Save Scheme

Employee Discount

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-5%
SharePrices
Jul 28th, 2026
Tate & Lyle shareholders say yes to Ingredion takeover.

Tate & Lyle shareholders say yes to Ingredion takeover. 28th Jul 2026 15:06 (Alliance News) - Tate & Lyle PLC on Tuesday announced that its shareholders have voted in favour of its GBP2.7 billion acquisition by US peer Ingredion Inc. The London-based maker of food and beverage ingredients said all resolutions were passed at the court meeting and general meeting of scheme shareholders, with 98.64% votes in favour of the takeover. Tate & Lyle expects the scheme to become effective during the second half of 2027. The company's directors unanimously recommended Ingredion's acquisition bid in early June, with the latter offering 595 pence per share, not including dividends. This was roughly a 60% premium to the company's closing share price of 374.80p on May 13, the day before its offer period began. The all-cash offer values Tate & Lyle's equity at GBP2.7 billion and implies an enterprise value of GBP3.7 billion, including debt. In addition, Tate & Lyle shareholders will be eligible to receive a final dividend for the year ended in March of up to 13.2p per share and an interim dividend for the first half of financial 2027 of up to 6.8 per share. Assuming that the dividends are paid in full, the Ingredion offer values Tate & Lyle at 615p per share, about 64% higher than the May 13 closing share price, or GBP2.8 billion in total, and implies an enterprise value of GBP3.8 billion. Tate & Lyle shares were flat at 555.50p each on Tuesday afternoon in London. By Emma Curzon, Alliance News reporter Related Shares:

City A.M.
Jul 21st, 2026
Tate & Lyle faces shareholder revolt over executive pay.

Tate & Lyle faces shareholder revolt over executive pay. Retail Reporter London Stock Exchange stalwart Tate & Lyle faces an investor revolt over its chief executive's salary after failing to address shareholder concerns about its executive-level pay. The FTSE 250 ingredients firm could be overruled by its investors at its annual general meeting (AGM) on Wednesday after coming under pressure from a leading shareholder advisory firm. Glass Lewis, which offers advice to investors, has told Tate & Lyle shareholders to vote against the group's remuneration report. At its last AGM it proposed to hike the salary of chief executive Nick Hampton by 13.4 per cent to £820,000. The pay rise was handed out to reward Hampton for his "strategic transformation of the business and to reposition [his] salary closer to market norms," the company said. News updates. Stay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox. Board 'should have been proactive' But the package was opposed by nearly 24 per cent of voting investors, exceeding the 20 per cent level which Glass Lewis says "represents a fair level of shareholder protest". In the event of this level of opposition, "boards should engage with shareholders, take steps to address their concerns and explicitly address this dissent in their publicly-available documents," the shareholder proxy said. Glass Lewis said that Tate & Lyle's failure to sufficiently engage with the shareholder rebellion over this pay package means that they cannot support this year's remuneration package. "The committee might reasonably have been expected to take a more proactive approach in addressing these issues. "As such, and given the committee's disclosure in this regard lags that of peers, this issue precludes a supportive recommendation at this time," the group said. Tate & Lyle to exit FTSE. Tate & Lyle is well-known for its golden syrup brand but offloaded the rights to its sugar business in 2010. It has since expanded its ingredients and flavourings business. The firm was created in 1921, after the sons of rival sugar refiners Henry Tate and Adram Lyle merged their fathers' firms following their deaths. It has been listed in London since 1938 but in June accepted a £2.7bn takeover offer from US rival Ingredion. The deal came after the company revealed a "disappointing" 10 per cent profit drop to £238m as it battled with slowing consumer demand. Tate & Lyle declined to comment.

WebWire
Jul 8th, 2026
Tate & Lyle named one of the world's most sustainable companies.

Tate & Lyle named one of the world's most sustainable companies. Tate & Lyle is one of 24 food and drink businesses recognised in TIME Magazine and Statista's list for 2026. London, UK - WEBWIRE - Wednesday, July 8, 2026 Tate & Lyle PLC (Tate & Lyle), a global leader in ingredient solutions for healthier food and beverages, is pleased to announce its entry into TIME Magazine and Statista's World's Most Sustainable Companies list. This marks the company's first appearance in the annual ranking and places Tate & Lyle among 24 food and drink businesses of the 750 global companies recognised from an assessment of more than 5,800 of the world's most successful companies [1,2]. In its third year, this annual list is compiled independently by TIME Magazine's research partner, Statista, with more than 20 key performance indicators assessed relating to environmental commitments and ratings, reporting and transparency, and stewardship. The World's Most Sustainable Companies ranking is not open for company applications. Researchers assess approved science-based targets, ESG ratings based on sustainability disclosures, and other publicly available company information, creating an independent snapshot of corporate sustainability efforts across industries. Rowan Adams, Tate & Lyle's Chief Corporate Affairs and Sustainability Officer, said: "We're proud to be recognised alongside our customers for our commitment to the decarbonisation of our business and supply chain, and for making our ingredients sustainably and responsibly. As a business that relies on natural raw materials like corn, citrus fruit and stevia to make our ingredients, it's essential that we take care of our planet and its ecosystems for its own health and the future health of our business." Notes to editors * Tate & Lyle was number 741 in TIME Magazine's World's Most Sustainable Companies 2026 list. For the full list, click here. * The ranking process began with a comprehensive selection from over 5,800 of the world's largest and most influential companies, considering factors such as revenue, market capitalisation, and public prominence. More detail on the methodology here * See Tate & Lyle's latest progress towards its environmental commitments in its Annual Report 2025, accessible here (p 47-57). * Other recent accolades include: CDP 2025 Scores: Climate: A-, Supplier Engagement Rating: A; Institutional Shareholder Services (ISS) ESG rating: Prime; Environment + Energy Leader Awards Programme 2025 winner for Tate & Lyle's regenerative stevia programme in China; World Food Innovation Awards 2025 shortlisting for Tate & Lyle's stevia programme. Click here for our press image gallery About Tate & Lyle PLC: Supported by over 165-years of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients and solutions every day. Through our leading expertise in sweetening, mouthfeel and fortification, we develop ingredients and solutions which reduce sugar, calories and fat, add fibre and protein, and provide texture and stability to food and drink in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings. Tate & Lyle has approximately 5,000 employees working in around 70 locations in 37 countries, serving customers in more than 120 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives through the Science of Food. By living our purpose, we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet. Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. For the year ended 31 March 2026 Tate & Lyle revenue from continuing operations totalled £2.0 billion. For more information, please visit www.tateandlyle.com or follow Tate & Lyle on LinkedIn, X (Twitter), Facebook or YouTube WebWireID357323 This news content was configured by WebWire editorial staff. Linking is permitted. Distribute your news. * Every day, hundreds of individuals and companies choose WebWire to distribute their news. * WebWire places your news within numerous highly trafficked news search engines generating leads and publicity. * Submit Your Release Now!

The Guardian
Jun 10th, 2026
Tate & Lyle agrees £2.7bn takeover by US rival in new blow to London market

Venerable but struggling UK firm backs deal with Chicago-based Ingredion putting nearly 500 jobs worldwide at risk

William Reed
May 15th, 2026
The proposed deal would unite two of the food and beverage industry's largest ingredients makers.

The proposed deal would unite two of the food and beverage industry's largest ingredients makers. Global food and beverage ingredients manufacturer Ingredion offered conditionally $3.7 billion (£2.74 billion) to acquire British ingredients maker Tate & Lyle in a deal that would unite two of the industry's largest players, the companies announced Thursday. Under the proposal, Ingredion would pay Tate & Lyle shareholders a value up to 615 pence per share, the London-based ingredients company said. That includes a combination of 595 pence in cash and the right to receive a final dividend for the financial year ended March 31, 2026, of up to 13 pence per share and an interim dividend for the six months ended Sept. 30, 2026, of up to 7 pence per share. The news caused Tate & Lyle's share price to spike by 45% on Thursday, jumping from 376.2 pence to 545 pence per share. "The proposal follows a number of earlier approaches from Ingredion to the Board regarding a possible offer for Tate & Lyle," Tate & Lyle noted in a press statement. "The Board and Ingredion are in discussions regarding the proposal." With Ingredion's market capitalization of $6.51 billion, the $3.7 billion deal would create an ingredient manufacturing powerhouse of $10.38 billion. Expansion for Ingredion. The Tate & Lyle acquisition would follow a series of growth strategies by Ingredion, which launched a $2.4 billion global texture and healthful solutions segment in early 2024 as part of a broader reorganization. Ingredion EVP and CFO Jim Gray said in February 2025 that the company is working to capitalize on consumer trends that offer higher selling prices and margins. "Texture is omnipresent in our consciousness as a consideration for a food purchase or preference, and food companies are increasingly recognizing the opportunity that this represents and the opportunity for texture innovation is global," Gray said at the Consumer Analyst Group of New York (CAGNY) conference in early 2025. Ingredion also announced plans in early 2025 to invest $100 million into development of its texture and healthful solutions facility in Indianapolis, Ind. Ingredion is a global ingredients company specializing in sweeteners, starches, nutrition ingredients and biomaterials. The acquisition would bring in Tate & Lyle's specialty food and beverage solutions business, which includes sweetening, mouthfeel and fortification. If approved, Tate & Lyle would not be Ingredion's only acquisition of a sweetener producers. The company also purchased a 75% controlling stake in PureCircle, a supplier of stevia, in 2020. Ingredion is required to make a formal offer by June 11, 2026. Tate & Lyle's long pivot away from sugar. Once synonymous with sugar, Tate & Lyle has transformed itself into a sugar reduction leader with a portfolio of specialty ingredients that make it an appealing acquisition given modern consumers' focus on better-for-you ingredients. Tate & Lyle acquires US-based stevia supplier Sweet Green Fields - Tate & Lyle has acquired Washington state-based stevia supplier Sweet Green Fields (SGF), strengthening the global ingredients company's stevia solutions and capabilities by creating a fully-integrated supply chain along with unified research and development efforts to accelerate stevia product innovation. Tate & Lyle spins off industrial sweeteners, starches division to focus on specialty food and beverage solutions - Tate & Lyle has struck a $1.3bn deal to sell a controlling stake in its 'Primary Products' industrial sweeteners and starches business in the Americas to private equity firm KPS Capital Partners, as it focuses on specialty sweeteners, fibers, texturants and other high-value food and beverage ingredients. Tate & Lyle bets big on chickpea protein, flour with deal to acquire Nutriati - Tate & Lyle - a global ingredients company best known for sweeteners, fibers and texturizing ingredients - has moved into the burgeoning plant-based protein arena with a deal to acquire Virginia-based chickpea protein and flour company Nutriati, six months after striking a deal to distribute its ingredients. Tate & Lyle adds Erytesse erythritol to sweeteners portfolio - Tate & Lyle has expanded its sweeteners toolbox with Erytesse erythritol, which provides 70% of the sweetness of sucrose, a similar temporal profile and zero calories. Path to wellness: Chinese demands for healthier products outstripping other Asia markets - To fulfil these market demands, Tate & Lyle has acquired a leading prebiotic dietary fibre business in China, Quantum Hi-Tech in Guangdong, a subsidiary of ChemPartner Pharmatech (ChemPartner), at a total consideration of $237m recently. Customer innovation driving Tate & Lyle volume growth in strong H1 financials - The sale of the remaining 49.7% stake in Premient joint venture added value to the business, completed at the end of June, with cash proceeds of $350m. Tate & Lyle acquires CP Kelco - Tate & Lyle was once a major player in sugar. Now, over a decade after it spun-off its sugar business, it's continuing to invest in sugar reduction technologies with the buyout of CP Kelco. Related topics. 13-Apr-2026 New health studies are reigniting a global battle over artificial sweeteners, leaving brands, regulators and consumers divided 09-Jul-2025 By Rachel Arthur Ready for the new world of GLP-1 food and drink? Want to keep up to speed with the latest in functional and plant-based ingredients, alternative proteins, sugar reduction tech and much more? Here are some of the innovations set to star at the global food...

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