Ingredion has proposed a £2.74 billion takeover of Tate & Lyle, aiming to expand its global food ingredient solutions and specialty product portfolio.
The acquisition aims to accelerate Biospringer’s growth in the food ingredients market, unlocking new opportunities beyond yeast fermentation.
This strategic acquisition marks a significant pivot for Cal-Maine Foods as it seeks to diversify its business model and expand its footprint within the high-growth, “better-for-you” frozen breakfast category.
The combined entity, which will retain the Central Valley Ag name, is scheduled to commence joint operations on June 1, 2026.
Under the deal, East Coast Bakehouse will become a standalone subsidiary of Bisca’s international business.