date:Oct 28, 2013
ASR Group said it has acquired 50% ownership of Europes second-largest cane sugar refinery in southern Italy and an equal share in the Italian company that markets sugar from the refinery.
ASR Group bought EDF Mans 50% share of SFIR Raffineria di Brindisi S.p.A., as well as 50% of the sales company Euro SFIR Italia S.p.A., which sells the refinerys output in Italy. The facility has an annual production capacity of 450,000 tonnes of sugar and is the newest cane refinery in the European Union hav