ustralian sugar cane farmers welcome German Nordzucker takeover of Mackay Sugar
date:Jul 31, 2019
million debt in two tranches.

The certainty that that money will now be returned will be a huge weight off growers minds. I thank the growers for their financial contribution to the company. For many, it has not been an easy financial burden to bear, adds Schembri.

The vote brings to a close the complex and protracted negotiations between all parties over the past two years. Nordzucker is a good fit for Mackay Sugar as it has been a grower-owned sugar company for 180 years, says Schembri.

Th
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