Tate & Lyle lifts profits as CP Kelco deal kicks in Business Tate & Lyle has posted a rise in profits and free cash flow for the year to 31 March 2025, as the FTSE 250 firm integrates its $1.8bn acquisition of ingredients maker CP Kelco and declares its long-running transformation “complete”. The sweetener producer reported a four per cent increase in earnings before interest, tax, depreciation [...]
Tate & Lyle profit set to rise ahead of CP Kelco takeover Business Tate & Lyle’s operating profit is expected to have jumped four per cent over the last financial year, even as revenue dropped five per cent, the firm said in a trading update today. The FTSE 250 sweetener producer said performance had been in line with expectations in its business over the last year, with cash [...]
Tate & Lyle shares soar on Advent private equity takeover rumours Business Shares in ingredients group Tate & Lyle have soared more than 12 per cent today after rumours emerged of a bid for the company from an American private equity group. The FTSE 250 food and beverage company is being targeted by US-based Advent International, according to the Financial Times. While Advent, which is the eighth [...]