# Ingredion acquires TIC Gums for $400 million

Ingredion entered into a stock-purchase agreement to acquire all outstanding shares of TIC Gums for $400 million in cash, expected to close by end of 2017.

- Type: Acquisition
- Announced: 2017-03-15
- Where: White Marsh, Maryland, United States
- Value: $400.0M
- Status: announced
- Products: gum-based texturizers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ingredion](https://endata.com/companies/615.md) (acquirer)
- [TIC Gums](https://endata.com/companies/616.md) (target)

## Sources

- [bevindustry.com](https://www.bevindustry.com/articles/90053-ingredion-acquires-tic-gums), 2017-03-15: "The acquisition will expand Ingredion’s higher-value specialty portfolio and customer base."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.