ITALY: Montedison to sell Eridania within “the next few weeks”
Italian agro-energy giant Montedison released a statement late yesterday [Monday] to the effect that its sugar unit, Eridania, will be sold “in the next few weeks”. Eridania is controlled by French subsidiary Beghin-Say. Currently in the process of selling its non-core assets to focus on its main energy business, Montedison added that it is awaiting antitrust approval by the EU Commission for the sale of its units Cerestar and Agora.
Italian agro-energy giant Montedison released a statement late yesterday [Monday] to the effect that its sugar unit, Eridania, will be sold “in the next few weeks”.
Eridania is controlled by French subsidiary Beghin-Say.
Currently in the process of selling its non-core assets to focus on its main energy business, Montedison added that it is awaiting antitrust approval by the EU Commission for the sale of its units Cerestar and Agora.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.
