Ingredion announces recommended all-cash acquisition of Tate & Lyle

Ingredion Incorporated, a leading global provider of ingredient solutions to the food and beverage and industrial segments, announced a recommended all-cash offer for the acquisition of Tate & Lyle PLC, a global leader in mouthfeel, sweetening and fortification. The transaction implies a total enterprise value of approximately £3.7B ($5.0B), based on the pound sterling to U.S. dollar exchange rate on June 5, 2026.

The Acquisition represents a compelling opportunity to bring together two complementary businesses with a shared commitment to innovation, customer partnership and scientific excellence. Together, the combined group will be better positioned to help customers address evolving consumer needs by delivering products that are nutritious and affordable, with the taste, texture and quality that consumers expect. By combining complementary ingredient portfolios, technical expertise and geographic supply networks, the Acquisition will accelerate Ingredion’s ongoing transformation and enhance its ability to support customers as they address the trends reshaping the global food and beverage industry …

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