IG IGR Loading... : Bullish and Bearish Analyst Opinions

Ingredion's acquisition of Tate & Lyle is a transformational merger that the market has failed to appreciate. The combined company will have 65 plants, 800 food scientists, and more than 50 idea labs worldwide. Ingredion has been transforming from a commodity company to a texture and healthful solutions provider. Currently 33% of revenue comes from texture and healthful solutions; the deal will push this past 55%. The merger creates the most important company in the food ingredients industry with synergies in sugar reduction, protein fortification, and fiber fortification. Cramer believes the market got it wrong by not reacting positively to the deal.