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Tate & Lyle

From Wikipedia, the free encyclopedia
British-based multinational agribusiness

Tate & Lyle Public Limited Company
Formerly
  • Henry Tate & Sons (1903) Limited (1903–1904)[1]
  • Henry Tate & Sons Limited (1904–1921)[1]
  • Tate & Lyle, Limited (1921–1981)[1]
Company typePublic limited company
IndustryFood processing
Founded
  • 27 February 1903; 122 years ago (1903-02-27) (as Henry Tate & Sons (1903) Limited)
  • 31 August 1921; 104 years ago (1921-08-31) (renamed to Tate & Lyle, Limited)
HeadquartersLondon, England, United Kingdom
Key people
Products
RevenueDecrease£1,647 million (2024)[2]
Increase£207 million (2024)[2]
Decrease£188 million (2024)[2]
Number of employees
3,431 (2024)[2]
Websitetateandlyle.com

Tate & Lyle Public Limited Company[3] is a British-headquartered, global supplier of diverse food and beverage products to food and industrial markets. It was originally a sugar refining business, but from the 1970s, it began to diversify, eventually divesting its sugar business in 2010. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.

History

[edit]

Sugar refining

[edit]
Tate & Lyle PLC refinery along the Thames inSilvertown, London

In 1859 grocery-store magnateHenry Tate sold his stores and became a partner in the John Wright & Co.sugar refinery inLiverpool.[4] The Tate–Wright partnership ended in 1869, and Tate's two sons Alfred and Edwin joined the business, formingHenry Tate & Sons.[5] They opened a new refinery in Love Lane, Liverpool in 1872.[5] In 1875 Tate acquired exclusive technology rights in Britain to the production ofsugar cubes, which had been developed in Switzerland and Germany, and thereby introduced cube sugar to the UK.[6][5] In 1878 the company opened Thames Refinery inSilvertown inEast London.[6]

In 1865Abram Lyle, acooper and shipowner, acquired an interest inGlebe Sugar Refinery inGreenock, Scotland.[7] After the principal partner, John Kerr, died in 1872, Lyle sold his shares and looked for a site for a new refinery.[7] In 1883Abram Lyle & Sons started melting sugar at Plaistow Refinery, West Silvertown, London, just 1.5 miles from Henry Tate & Son's Thames Refinery.[7] The two men were bitter business rivals, although they never met in person.[8]

After opening his sugar-melting factory in 1883, Lyle's Golden Syrup was an instant hit and Lyle's company was soon selling a tonne a week.[5] In 1888 Lyle's Golden Syrup introduced a logo of a dead lion surrounded by a swarm of bees, illustratingthe biblical story of Samson, with the quotation "out of the strong came forth sweetness".[9] The logo, which holds theGuinness World Record for the world's oldest unchanged brand packaging,[10] was kept for most products until 2024, when it was replaced with a lion's head and a single bee. The original logo was maintained for Lyle's Golden Syrup tins.[11]

Lyle died in 1891,[7] and Tate died in 1899;[4] their sons carried on their companies. The Tate company was officially incorporated in 1903 asHenry Tate & Sons (1903) Limited.[1][12] In 1921, the two rival sugar refiners merged after the deaths of both of their founders,[8] and the company was renamed toTate & Lyle, Limited;[1][12] at the time, the combined company refined around 50% of the UK's sugar.[5]

In 1949, the company introduced its "Mr Cube" brand, as part of a marketing campaign to help it fight a proposednationalisation by theLabour government.[6]

Diversification

[edit]

From 1973, British membership of theEuropean Economic Community threatened Tate & Lyle's core business, with quotas imposed fromBrussels favouring domestic sugar beet producers over imported cane refiners such as Tate & Lyle.[13] As a result, under the joint leadership ofJohn O. Lyle andSaxon Tate (direct descendants of Abram Lyle and Henry Tate respectively), the company began to diversify into related fields of commodity trading, transport and engineering, and in 1976, it acquired competing cane sugar refiner Manbré & Garton.[13]

In 1976, the company acquired a 33% stake (increased to 63% in 1988) inAmylum, a European starch-based manufacturing business.[6] TheLiverpool sugar plant closed in 1981, and theGreenock plant closed in 1997.[14] In 1988, Tate & Lyle acquired a 90% stake inA. E. Staley, a US corn processing business.[6] In 1998 it broughtHaarmann & Reimer, acitric acid producer.[6] In 2000, it acquired the remaining minorities of Amylum and A. E. Staley.[6]

In 2004, it established a joint venture withDuPont to manufacture Bio-PDO, a renewably produced1,3-Propanediol used to make DuPont'sSorona fabric.[6] In 2005, DuPont Tate & Lyle BioProducts was created as a joint venture betweenDuPont and Tate & Lyle.[15] In 2006, it acquiredHycail, a small Dutch business, giving the company intellectual property and a pilot plant to manufacturePolylactic acid (PLA), another bio-plastic.[16] In October 2007, five European starch and alcohol plants, previously part of the European starch division known as Amylum group, were sold to Syral, a subsidiary of French sugar companyTereos.[17] Syral closed itsGreenwich Peninsula plant in London in September 2009, and it was subsequently demolished.[18]

Tate & Lyle head office inKingsway, London

In February 2008, it was announced that Tate & Lyle granulated white cane sugar would be accredited as aFairtrade product, with all the company's other retail products to follow in 2009.[19]

In April 2009, theUnited States International Trade Commission affirmed a ruling that Chinese manufacturers can makecopycat versions of its Splenda product.[20]

In 2021, Tate & Lyle ranked fourth in the Modified Starch category of FoodTalks' Global Food Thickener Companies list.[21]

In May 2022, it was announced that Tate & Lyle had acquired Nutriati, an ingredient technology company developing and producing chickpea protein and flour.[22]

Disposal of sugar refining business

[edit]

In July 2010, the company announced the sale of its sugar refining business, including rights to use the Tate & Lyle brand name andLyle's Golden Syrup, toAmerican Sugar Refining (owned by sugar barons theFanjul brothers) for £211 million.[23] The sale included the Plaistow Wharf and Silvertown plants.[23] The new owners pledged that there would be no job losses as a result of the transaction.[24]

Recent history

[edit]

In 2012,HarperCollins publishedThe Sugar Girls, a work ofnarrative non-fiction based on the true stories of women who worked at Tate & Lyle's two factories in theEast End of London from the 1940s to the 1960s.[25] A follow up book,The Sugar Girls of Love Lane, released in 2024, was centered on the women who worked at the Liverpool factory.[26]

Nick Hampton became CEO on 1 April 2018, replacingJaved Ahmed, who stepped down from this role and from the board, and retired from the company.[27]

Tate & Lyle has developed a method to commercially produce the natural sweetenerallulose. It emerged in August 2019 that the company was seeking to take advantage of the 2019 permission from theU.S. Food and Drug Administration to not list the product in total sugar or as anadded sugar in commercial food ingredients.[28]

In July 2021, Tate & Lyle announced it was spinning off its Primary Products business in North America and Latin America, and its interests in the Almidones Mexicanos S.A de C.V and DuPont Tate & Lyle Bio-Products Company, LLC joint ventures.[29] These divisions and interests were renamedPrimient, and a controlling interest was sold toKPS Capital Partners.[29] Tate & Lyle maintain 49.9% ownership of Primient and the remaining 50.1% is owned by KPS Capital Partners (including board and management control).[29] The transaction was completed in April 2022.[29]

In June 2022, it was announced that Tate & Lyle had completed the acquisition of Quantum Hi-Tech (Guangdong) Biological Co., Ltd (Quantum), a prebiotic dietary fibre business located in China.[30]

In January 2023, Tate & Lyle announced a rebrand, including a new logo and typography for all products except Lyle's Golden Syrup (which maintains the original logo, the world's oldest unchanged brand packaging),[11] new imagery and a new narrative: science, solutions, society.[31]

In June 2024, Tate & Lyle announced that the company has signed an agreement to acquire CP Kelco, a provider of pectin and speciality gums, from J.M. Huber, a large US-based family-owned corporation.[32]

Operations

[edit]
A Tate & Lyle tank car carrying corn syrup

As of 2025, the company's key areas of expertise are:[5]

See also

[edit]

References

[edit]
  1. ^abcde"Company name changed\certificate issued on 02/07/04".Companies House. 2 July 1904. Retrieved3 March 2025.
  2. ^abcd"Annual Report 2024"(PDF). Tate & Lyle. Retrieved10 February 2025.
  3. ^"Tate & Lyle Public Limited Company overview - Find and update company information - Gov.uk".Companies House. 27 February 1903. Retrieved7 March 2025.
  4. ^ab"Henry Tate".TateandLyle.com. Retrieved7 August 2025.
  5. ^abcdef"Our Heritage".TateandLyle.com. Retrieved7 August 2025.
  6. ^abcdefgh"History".TateandLyle.com. Archived fromthe original on 27 September 2015.
  7. ^abcd"Abram Lyle".TateandLyle.com. Retrieved7 August 2025.
  8. ^abDuncan Barrett and Nuala Calvi (2012).The Sugar Girls. Collins.ISBN 978-0-00-744847-0.
  9. ^"Lyle's Golden Syrup tin (image)". Lyle's Golden Syrup. Retrieved20 February 2024.
  10. ^"A history of Tate & Lyle told in cake".The Royal Docks. Retrieved2 April 2020.
  11. ^ab"Tate & Lyle's Golden Syrup rebrand drops dead lion".BBC News. 20 February 2024.
  12. ^ab"Circular to Shareholders relating to proposed sale of a controlling stake in Tate & Lyle's Primary Products business to KPS Capital Partners, LP"(PDF).TateandLyle.com. 13 September 2021. Retrieved7 August 2025.
  13. ^ab"Sir Saxon Tate, Bt".The Daily Telegraph. 5 September 2012. Retrieved25 August 2016.
  14. ^"Tate & Lyle plans end of 250-year Scots link with switch to London plant. Bitter blow from sugar firm".The Herald. Glasgow. 21 July 1995. Retrieved28 April 2017.
  15. ^"DuPont and Tate & Lyle to Open $100 Million Bioproducts Plant".GreenBiz. 7 September 2005. Archived fromthe original on 29 January 2009.
  16. ^Sin, Lee Tin; Rahmat, Abdul Razak; Rahman, W. A. W. A. (2012).Polylactic Acid: PLA Biopolymer Technology and Applications. William Andrew.ISBN 978-1437744590.
  17. ^"Tereos starch subsidiary Syral finalises the acquisition of 5 Tate & Lyle Plants"(PDF). Syral. Archived fromthe original(PDF) on 13 November 2008. Retrieved14 January 2010.
  18. ^"Farewell, Tunnel Refineries".853blog.com. 16 August 2010. Archived fromthe original on 14 March 2014.
  19. ^"Tate & Lyle sugar to be Fairtrade". BBC News. 23 February 2008. Retrieved23 February 2008.
  20. ^Frankel, Alison (8 April 2009)."Sweet Surrender: Bingham Wins ITC Sugar Substitute Case".Litigation Daily. Archived fromthe original on 10 September 2012.
  21. ^Fu, Rice; Zhao, Viola (10 September 2021)."2021年全球食用增稠剂企业榜" [Global Food Thickener Companies List] (in Chinese). Retrieved20 February 2022.
  22. ^"Tate & Lyle acquires developer and producer of plant-based protein".Food and Drink Technology. Retrieved5 May 2022.
  23. ^abTate & Lyle sells sugar arm to American Sugar Refining BBC News, 1 July 2010
  24. ^Finch, Julia; Wray, Richard (1 July 2010)."Tate & Lyle agrees sale of historic sugar business for £211m".The Guardian.ISSN 0261-3077. Retrieved2 April 2020.
  25. ^Matt Nicholls (23 February 2011). "Sweet! Tate & Lyle lives celebrated".Newham Recorder.
  26. ^"Liverpool's 'sugar girls' and the lost factory where workers 'loved every minute'".The Liverpool Echo. 28 April 2024. Retrieved29 April 2024.
  27. ^"Nick Hampton Appointed CEO".Tate & Lyle Press Release. 16 January 2018. Archived fromthe original on 21 January 2018.
  28. ^Elejalde-Ruiz, Alexia (22 August 2019)."A natural sweetener with a tenth of sugar's calories. Allulose, developed in Hoffman Estates, could be 'breakthrough ingredient.'".Chicago Tribune. Retrieved25 August 2019.
  29. ^abcd"Completion of sale of a controlling stake in Tate & Lyle's Primary Products business to KPS Capital Partners, LP".Tate & Lyle PLC. 1 April 2022. Retrieved1 April 2022.
  30. ^"Tate & Lyle acquires Quantum Hi-Tech Biological for $237m". UK Investor Magazine. 31 March 2022. Retrieved16 November 2022.
  31. ^Gelski, Jeff (2 January 2023)."Rebranding at Tate & Lyle includes new logo". Food Business News. Retrieved9 August 2025.
  32. ^"Tate & Lyle bulks up food ingredients with $1.8 bln CP Kelco deal".Reuters. 20 June 2024. Retrieved27 June 2024.

Further reading

[edit]
  • Sugar and All That... A History of Tate & Lyle by Antony Hugill (Gentry Books, 1978)ISBN 0-85614-048-1
  • Steven K. Ashby and C. J. Hawking (2009).Staley: The Fight For A New American Labor Movement. University of Illinois Press.ISBN 978-0-252-07640-4. – A source for information concerning Tate & Lyle's union-busting activities in the early 1990s in Decatur, Illinois
  • Duncan Barrett and Nuala Calvi (2012).The Sugar Girls. Collins.ISBN 978-0-00-744847-0.

External links

[edit]
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