12 Mar 2024 --- In a recent development that has stirred the UK’s sugar industry, concerns have emerged regarding potential price hikes following a proposed acquisition by T&L Sugars Limited (TLS), the company behind the Tate & Lyle brand. The Competition and Markets Authority (CMA) is investigating the deal to prevent what could cause an impact on consumer prices and market competition.The potential deal involves two major players in the UK sugar market. TLS refines and distributes sugar and related products, including under the Tate & Lyle brand, to a spectrum of businesses ranging from supermarkets to hotels and cafes.
