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Essay / Research Paper Abstract
This 10 page paper gives a good overview of Tate & Lyle. The paper starts with an outline of the company history, and then looks at the development of its strategy, shareholding structure, corporate governance, organisational structure and global presence and then looks at the main businesses, revenue sources and the financial performance of the company. The bibliography cites 5 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEtatelyle.rtf
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Unformatted sample text from the term paper:
Performance 11 References 12 1. Company overview Tate & Lyle
is a global company, founded in 1921 its history goes back to 1865 and position today is the result of the number acquisitions and mergers (Tate & Lyle, 2007). The
company started off with a focus on sugars and has expanded into other areas including food flavouring. In the 2007 annual accounts the company had a turnover of ?3,814 million
and a pre-tax profit of ?317 million (Tate & Lyle, 2007). However, the problem is that the company faced during the 1990s when its all increased levels of competition and
decrease profit margins do not appear to be a thing of the past; in November 2007 the company announced a 42% drop in the interim profits (Grocer, 2007). To understand
the company and the way it operates a good overview of the way in which it is developed, its strategies, values and financial performance need to be assessed. 1.1 History
The history of Tate & Lyle starts in 1859 when one of the founders Henry Tate went into a partnership with John Wright refining sugar. The partnership ended and when
Henry Tate was joined by his sons the company became known as Henry Tate & Sons (Tate & Lyle, 2007). In 1883 Abraham Lyle and sons began operations in Plaistow,
London only 1 1/2 miles from Henry Tates refinery. Tate specialised in sugar, while Lyle specialised in Golden syrup. The formation of Tate & Lyle did not take place
until 1921, undertaken by the sons of the founders of the original companies. By 1939 the operations had been fully merged, the company owned the largest sugarcane refinery in the
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