Summary
Ingredion to Take Over Tate & Lyle in $3.6 Billion Deal
Ingredion offered the equivalent of $7.94 for each Tate & Lyle share, a 59% premium to the last closing price before takeover talks were disclosed last month.
UK's Tate & Lyle agrees $3.6 billion Ingredion takeover
Britain's Tate & Lyle has agreed to a £2.7 billion ($3.60 billion) offer from U.S. rival Ingredion , the companies said on Monday, creating a food and beverage ingredients major.
Ingredion Takeover Target Tate & Lyle Posts Fall in Profit
The British ingredients company reported lower profit for what it called a disappointing fiscal year.
Ingredion Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 12,548 | $1.39M | $1.25M | -$140,078.06 | -10.11% |
| CE Curtis Ellergodt Rothschild Investment LLC | 2,217 | $263,319.76 | $220,081.59 | -$43,238.17 | -16.42% |
| WH William Herlihy RESOURCES MANAGEMENT Corp. /CT/ /ADV | 1,000 | $120,952.8 | $99,270 | -$21,682.8 | -17.93% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,494 | $164,728.44 | $148,854.69 | -$15,873.75 | -9.64% |
 Donald Yacktman Yacktman Asset Management | 1.44M | $117.14M | $142.63M | $25.48M | 21.75% |
Ingredion Inc. (INGR) FAQ
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Ingredion Inc. Profile
| Food Products Industry | Consumer Staples Sector | James Zallie CEO | NYSE Exchange | 457187102 CUSIP |
| US Country | 11,000 Employees | 1 Jul 2026 Last Dividend | 26 Jan 2005 Last Split | 11 Dec 1997 IPO Date |
Overview
Ingredion Incorporated, a global leader in ingredient solutions, operates through its subsidiaries by manufacturing and selling a diverse range of products. These products include sweeteners, starches, nutrition ingredients, and biomaterial solutions which are derived largely from wet milling and processing corn and other starch-based materials. Serving a multitude of industries, its geographic reach spans North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. Originating in 1906, Ingredion has evolved over the years, previously known as Corn Products International, Inc. until its rebranding in June 2012. Today, headquartered in Westchester, Illinois, Ingredion stands as a testament to over a century of innovation and service in ingredient manufacturing.
Products and Services
Ingredion Incorporated offers an extensive portfolio of products and services catering to various industry needs:
- Starch Products: These are utilized across numerous processed food applications, lending functionality such as thickening and texturizing. Additionally, the company produces cornstarch and specialty paper starches, which offer benefits like enhanced drainage and oil resistance for paper products, and industrial and specialty starches for various sectors including construction, pharmaceuticals, and cosmetics.
- Sweeteners: Ingredion's sweetener range comprises glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, and glucose syrup solids. These products find applications in a variety of food and beverage items, enhancing flavor, texture, and shelf-life in products like baked goods, dairy items, and beverages. Moreover, they produce non-GMO syrups catering to the growing demand for natural product alternatives.
- Biomaterial Solutions: Specializing in innovative solutions, Ingredion provides biomaterials including biodegradable plastics and specialty starches for applications in detergents, personal care, surgical gloves, and in the production of glass fiber and insulation.
- Refined Corn Oil and Animal Feed Ingredients: Beyond their core offerings, the company also markets refined corn oil, derived as a by-product of their processing operations, for food and industrial uses. Corn gluten feed and meal are produced for the animal feed industry, supporting livestock nutrition.
- Additional Products: Ingredion extends its product portfolio to include fruit and vegetable ingredients, such as concentrates, purees, and essences, along with pulse proteins and hydrocolloids systems and blends. These ingredients serve as key components in a variety of food, beverage, and nutritional products, underscoring the company’s commitment to versatility and innovation in ingredient solutions.
