Ingredion’s proposed acquisition of Tate & Lyle will create a US$9.9 billion ingredients powerhouse focused on sugar reduction, texture solutions, fortification, and food innovation.
The deal, confirmed in May 2026, transfers ownership of the brand and its St Johns bakery to GWF, which will integrate Abe’s into its existing bakery portfolio that includes Tip Top and Abbotts Bakery.
With the acquisition, OV UK strengthens their position within the sweet inclusions category and supports the further development of manufacturing capabilities in the UK market.
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.