# Ingredion acquires TIC Gums for $400 million

Ingredion Incorporated agreed to acquire all outstanding shares of privately held U.S. texture systems maker TIC Gums for $400 million, announced December 20, 2016.

- Type: Acquisition
- Announced: 2016-12-20
- Where: United States
- Value: $400.0M
- Status: announced
- Products: gum-based texturizers, texture systems, gum acacia, guar

## Companies

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

## Sources

- [nosh.com](https://www.nosh.com/news/2016/ingredion-acquires-tic-gums/), 2016-12-20: "Ingredion Incorporated announced Tuesday that it is acquiring (need more about TIC) Tic Gums for $400 million."

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