Holder | Position | Change | Date | |
---|---|---|---|---|
GLG Partners LP | 0.64% | 0 | 15-Oct-2024 | View History |
Balyasny Asset Management (UK) LLP | 0.68% | 0 | 14-Oct-2024 | View History |
Tate & Lyle Plc (TATE) is a British multinational food and beverage company, listed on the London Stock Exchange (LSE) and a constituent of the FTSE 250 Index.
The company was formed in 1921 from a merger of two rival sugar refiners: Henry Tate & Sons, established in 1859 in Liverpool, and Abram Lyle & Sons, established in 1887.
Over the years, Tate & Lyle has diversified its operations and now specialises in turning raw materials such as corn and tapioca into ingredients that add taste, texture, and nutrients to food and beverages. It was originally a sugar refining business, but from the 1970s, it began to diversify, eventually divesting its sugar business in 2010.
Tate & Lyle's enduring presence on the LSEG testifies to its significant role in the global food and beverage industry.