Louis Dreyfus sells Imperial Sugar to U.S. Sugar
The agribusiness giant has offloaded its US-based sugar asset to another business in the field in that country.
Imperial Sugar
FRANCE: Louis Dreyfus Commodities confirms bond issue
Louis Dreyfus Commodities is to issue bonds for the first time in its history as it prepares to step up acquisitions.
US: Imperial Sugar widens H1 net loss
US sugar refiner Imperial Sugar, which earlier this month agreed to a takeover bid from Louis Dreyfus Commodities, has reported higher half-year losses.
Editor’s choice: the highlights on just-food this week
Bright Food, the Chinese food group, this week at last planted its first flag in Europe with an investment in UK cereal firm Weetabix. Elsewhere in Europe, the CEO of Norway-based consumer goods company Orkla quit amid a disagreement with the company's board and German retailer Metro Group reported a quarterly loss. We also published our latest Sustainability Watch interview, which focused on US food giant General Mills. Click on the headlines for more.
US: Imperial Sugar board backs sale to Louis Dreyfus Commodities
US sugar refiner Imperial Sugar has agreed to be acquired by commodities trading company Louis Dreyfus Commodities.
US: Imperial Sugar Q1 losses narrow
US sugar refiner Imperial Sugar has reported lower quarterly losses after the company's costs fell year-on-year. Imperial posted a net loss of US$3.5m for the first quarter of its new…
US: Imperial Sugar mulls more disposals after FY loss
US sugar refiner Imperial Sugar has admitted it is considering more disposals after reporting annual losses of over US$53m. Imperial reported a net loss of $53.4m for the year to…
US: Imperial Sugar sells interest in Louisiana venture
Imperial Sugar has sold its stake in the Louisiana Sugar Refining venture to Cargill and Sugar Growers and Refiners. As a result, US agribusiness giant Cargill and farming co-op Sugar…
US: Rising prices hit Imperial Sugar’s profits
Imperial Sugar has recorded a loss in the first nine months of its fiscal year, hurt by competition and the rising cost of raw sugar. For the period to the…
US: Imperial Sugar posts Q2 profit but sales fall
Imperial Sugar has reported a second-quarter profit thanks largely to the contribution of a refinery in Louisiana run by a venture between the US sugar processor, Cargill and farming co-op…
US: Higher sales sweeten Imperial Sugar’s underlying losses
Underlying quarterly losses at US sugar processor Imperial Sugar have fallen on the back of better sales, boosted by stronger volumes and higher prices for refined sugar. The company booked…
