UK: Tate & Lyle makes "sound start" to fiscal year
By: just-food.com | 22 July 2010
UK-based food ingredients group Tate & Lyle said today (22 July) it made a "sound start" to its fiscal year as demand for speciality ingredients remained "steady".
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UK-based food ingredients group Tate & Lyle said today (22 July) it made a "sound start" to its fiscal year as demand for speciality ingredients remained "steady".
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Quote, unquote: just-food's week in words
Wal-Mart, as it often does, this week shook up the US grocery sector with its plans to make a swathe of its private-label products healthier. Elsewhere, speculation of changes within the food-ingredients space continued with Cargill named as a potential bidder for Tate & Lyle. And, a year since Kraft Foods succeeded in getting Cadbury's board to back its plans to buy the UK confectioner, the US group faced rumours that management at Green & Black's wanted to buy the organic chocolate business.
Editor's choice: the highlights on just-food this week
Wal-Mart's healthy-eating drive grabbed the headlines this week and prompted speculation about what impact its plans could have on rival retailers and suppliers. M&A speculation swirled around Cargill and Tate & Lyle, as well as Green & Black's, the organic chocolate business once owned by Cadbury but now owned by Kraft Foods. Elsewhere, Glanbia did seal one deal, buying US sports-nutrition business BSN.
UPDATE: US: Cargill "potential bidder" for Danisco or Tate & Lyle - analyst
Cargill has been named as a potential bidder for Tate & Lyle and Danisco, the Danish food ingredients maker that last week agreed a sale to DuPont, the US chemicals group.
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