28 Jun 2024 --- With a history of over 160 years in the food and beverage market, Tate & Lyle has long been a staple in the industry. Even so, last week’s announcement about the company’s plans to buy CP Kelco, a seller of pectin, specialty gums and other nature-based ingredients, for around US$1.8 billion, still surprised some industry insiders. These kinds of major acquisitions are few and far between. Share prices dropped following the announcement, highlighting investors’ concerns and reinforcing why such a merger is a delicate balancing act.