NEW YORK, Oct. 18, 2018 /PRNewswire/ -- Nielsen (NYSE:
NLSN) announced today that Tate & Lyle PLC ('Tate & Lyle'),
a global leader in food and beverage ingredient manufacturing,
has named Nielsen as its analytics provider for the U.S.
market. With this announcement, Tate & Lyle will benefit
from Nielsen's rich retail measurement data, providing a clear and
total store view into its core business categories. Through
Nielsen's strategic alliance with Label Insight, Tate & Lyle
will now have the ability to analyze sales data at an ingredient
level, bringing an invaluable and new level of information into the
day to day conduct of their business. Additionally, Nielsen will
enable a deeper understanding of trend drivers and opportunities
within the Health & Wellness sector, to further support Tate
& Lyle's strategic focus.
"In choosing an analytic partner, it was important to us that we
look beyond just the data," said Beth
Nieman Hacker, Director of Market Research at Tate &
Lyle. "We were looking to align with a leader on the
business-driving topics that matter most to us, like Health &
Wellness. The visibility that Nielsen is
able to bring to the table with regard to ingredient tracking is
invaluable."
For 150 years Tate & Lyle has been leading the way in
developing ingredients for diverse industries that help companies
respond to changing consumer needs and retain their competitive
edge, locally and globally.
"We are honored to have Tate & Lyle select Nielsen as their
partner and are excited to support their growth efforts," said
Susan Dunn, President of Nielsen's
US Practices and Commercial Strategy. "We continue to expand
our capabilities in capturing trends in the ingredient arena.
Providing this visibility for the industry helps advance companies
by better positioning them to meet the increasing consumer demand
for transparency."
ABOUT TATE & LYLE
Tate & Lyle is a global
provider of solutions and ingredients for food, beverage and
industrial markets. Tate & Lyle operates through two global
divisions, Food & Beverage Solutions and Primary Products,
supported by the Innovation and Commercial Development and Global
Operations teams. Food & Beverage Solutions is focused on
growth by building leading positions globally in the categories of
beverages, dairy, and soups, sauces and dressings. Primary Products
is focused on delivering steady earnings and generating cash.
Food & Beverage Solutions consists of: Texturants, including
speciality starches; Sweeteners, including low- and no-calorie
sweeteners; and a Health and Wellness portfolio comprising mainly
speciality fibres; and Stabilisers and Functional Systems, which
are bespoke ingredient blends that ensure foods retain their
structure.
Primary Products consists of high-volume sweeteners, industrial
starches and fermentation products (primarily acidulants). It
also sells co-products from the corn milling process as animal
nutrition.
Tate & Lyle is listed on the London Stock Exchange under the
symbol TATE.L. American Depositary Receipts trade under TATYY. In
the year to 31 March 2018, Tate &
Lyle sales totalled £2.7 billion. For more information, please
visit http://www.tateandlyle.com
ABOUT NIELSEN
Nielsen Holdings plc (NYSE: NLSN) is a
global measurement and data analytics company that provides the
most complete and trusted view available of consumers and markets
worldwide. Our approach marries proprietary Nielsen data with other
data sources to help clients around the world understand what's
happening now, what's happening next, and how to best act on this
knowledge. For more than 90 years Nielsen has provided data and
analytics based on scientific rigor and innovation, continually
developing new ways to answer the most important questions facing
the media, advertising, retail and fast-moving consumer goods
industries. An S&P 500 company, Nielsen has operations in over
100 countries, covering more than 90% of the world's population.
For more information, visit www.nielsen.com.
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SOURCE Nielsen