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Essay example - Corporate Strategy College

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College
Essay
Miscellaneous
Pages 6 (1506 words)
Tate & Lyle (T&L) is a leading manufacturer of renewable food and industrial ingredients. Tate & Lyle was founded in the UK in 1921 and the group's ingredient portfolio includes sweeteners, performance and basic starches, acidulates, gums, sugars and Splenda Sucralose…

Extract of sample

Of these markets, food and beverage and industrial are the most significant. It principally sells ingredients, ingredient solutions and services to manufacturers in these two markets and they use the ingredients to manufacture their consumer and industrial products. In the food sector, it also sells end products directly through retail distribution channels to retail customers in certain markets. The customer base includes many of the world's major global food, beverage and industrial companies. Their ingredients can be found in the products of nearly all the world's top 100 food and beverage companies. The products include cereal sweeteners and starches, Proteins, Acidulants Sweeteners, Enrichers, Stabilisers, Acidulants, Biogum,Ethanol, Aquasta, Bio-PDOBlending,Nutritive Low-calorie Non-nutritive Dietary fibres Fortifiers Hydrocolloids Emulsifiers Fat-replacers Speciality protein, Starch, Gums, Starches, Proteins, Maltodextrins ,Polydextrose, Citric acid (Product Display)
Acquisition refers to a strategy wherein a company can enter a foreign market rapidly and retain maximum control.. New acquisitions underline the UK group's strategy of achieving a truly diverse added value ingredients portfolio. These bolt-on acquisitions are an excellent fit with Tate & Lyle's stated growth strategy. They represent a further step in broadening the product mix, technology and customer base in rapidly expanding areas. ...
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