Sugar Group Tereos Gets Financial Reprieve Until 2022
date:Feb 20, 2019
ed plans last summer to open its business to investors as it seeks to expand, a move it has since said could happen in around 2-3 years.

But it has also been facing an internal crisis with dissidents accusing Tereos of hiding financial difficulties, something the cooperative group has always denied.

Tereos said it maintained at group level a financial security of 1 billion euros as of Dec. 31, 2018, including a still undrawn 225 million euros back-up facility.

Rival Suedzucker said last month
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