Ingredion at Barclays conference: deal aims to reshape growth mix

On Tuesday, September 8, 2026, Ingredion (INGR) made a strategic announcement at the Barclays Global Consumer Conference. The company plans to acquire Tate & Lyle, a deal expected to close in the second half of 2025, which will bolster its specialty ingredient portfolio and create a combined business with over $5 billion in texture-related revenue.

This strategic shift aims to improve growth and margins, even as Ingredion continues to address operational challenges such as a costly plant disruption in Illinois and uneven demand in certain regions. The company's Global Texture & Healthful Solutions segment, generating $2.4 billion in revenue, will remain a key focus, with new focus on higher-growth, higher-margin texture and healthful solutions.

The acquisition of Tate & Lyle, valued at around $5 billion, will strengthen Ingredion's position in texture, mouthfeel, fiber fortification, and sugar reduction, while also providing more resilient sourcing capabilities. Ingredion expects disciplined capital allocation, with dividends, buybacks, and debt reduction, post-deal closure.