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Companies / Germany

Battle For Second Place Among EU Sugar Producers

June 2008 | Company News Alert

Two bidders remain in the battle to secure control of the sugar business put up for sale by Denmark-based ingredients firm Danisco. Germany-based Nordzucker and France-based Tereos have both expressed a firm interest in acquiring the unit, while the other major European producers have ruled themselves out. The sale of Danisco's sugar unit is part of an ongoing trend towards consolidation in the sector, which has been heavily impacted by the reform of EU

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