Associated British Foods has sold its Polish sugar operations to German sugar group Pfeifer & Langen.

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The deal, announced today (11 August) for an undisclosed sum, will see ABF quit the Polish sugar sector after 20 years.


The business, which has a manufacturing site in Glinojeck, is Poland’s fourth-biggest sugar processor and ABF said it wanted to focus on countries where it could have market leadership.


Chief executive George Weston said: “Our market-leading positions with British Sugar in the UK and Azucarera Ebro in Iberia combine to give us a strong presence in the rapidly-consolidating EU sugar market.”


In December, ABF snapped up Azucarera Ebro from Spanish food group Ebro Puleva for EUR385m (US$543.7m).

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In July, ABF revealed that revenue from its sugar operations jumped by 21% during the nine months to 20 June.

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