Tate & Lyle

Tate & Lyle plc is a FTSE 100 company listed under the name TATE internationally active British food company. The company manufactures raffinerierten sugar, starch and animal feed as well as food supplements.

History

The company was founded in 1921 by a merger of the two rival sugar refiners Henry Tate & Sons and Abram Lyle & Sons.

The Fassbinder and ship owners Abram Lyle acquired in 1865 in Greenock, and then in Plaistow knowledge of the sugar refining process. Henry Tate (1819-1899) started his business in 1869 in Liverpool and expanded to London later. A part of his profits as an industrialist he used to in London in 1897 to found the Tate Gallery. Both companies had large refinery in Silvertown, until they led their company in 1921 under the name of Tate & Lyle plc for fusion.

Business activity

The company is known in the UK for their refined from cane sugar products, especially for the brand, " Lyle's Golden Syrup ." This brand is known by a lion and a swarm of bees symbol - an allusion to a biblical story of Samson. In 1949 the company introduced the brand "Mr Cube ' ago as part of a marketing campaign. The dark cane syrup by Lyle Black Treacle is called and is very intense flavor; it is required for many original English recipes.

Tate & Lyle is the only manufacturer of sucralose ( brand name " Splenda " ) as a sugar substitute, which is used by PepsiCo, General Mills, Unilever and other companies. UK leads with the approval of the European Commission in connection with its sugar refining to nearly 50 percent of Britain's demand for raw sugar from the British Caribbean islands.

The sugar industry including brand was sold in July 2010 to American Sugar Refining.