Poland’s treasury ministry has said that it has given final approval to sell 95% in the country’s largest sugar group to France’s Saint-Louis Sucre.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Poland has held up the sale of the Slaska Spolka Cukrowa group to SLS, saying the French group had not obtained land purchase permits. The government eventually gave in to a court ruling that it had no legal grounds to block the sale, reported Reuters.


SLS, which was acquired by Germany’s Suedzucker in 2001, agreed more than two years ago to pay 250.5m zlotys (US$61.6m) for Slaska, including 16 refineries that together produce 300,000 tonnes of sugar per year.


 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now