Nordzucker acquires 70 percent majority stake in Mackay Sugar
date:Feb 12, 2019
roup earnings, Dr. Gorissen adds.

The Chairman of the Supervisory Board of Nordzucker AG, Jochen Johannes Juister, explains: Like Nordzucker, Mackay Sugar is owned by its growers. Australia is a politically stable country and the local infrastructure is optimal.

The Supervisory Board is convinced that the entry into cane sugar production and the investment in Mackay under the conditions set is a strategically correct step to make Nordzucker stable and competitive in the long-term, he notes.
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