Nordzucker acquires 70 percent majority stake in Mackay Sugar
date:Feb 12, 2019
th in sugar is taking place in regions outside the EU. By acquiring a stake in Mackay Sugar, we can secure a substantial share of the Australian market and gain access to the Southeast Asian market, says Dr. Lars Gorissen, Chairman of Nordzuckers Executive Board.

Cane sugar production is profitable even at lower sugar prices due to cost structures. We are convinced that Mackay Sugar with its investments in the plants will be able to make in the medium term a sustained positive contribution to G
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