News International Sugar Journal

Australia’s NSW Sugar Milling Co-operative up for sale [Registered]

The grower owned NSW Sugar Milling Co-operative is up for sale at the right price. Chief Executive Chris Connors speaking with Deal Journal Australia noted that talks with potential bidders have already taken place. The Co-operative owns three mills and has a 50% stake in a sugar refinery in Australia’s New South Wales state. The combined raw sugar output of the three mills is around 270,000 tonnes. “If we get an offer from an equity investor that delivers the right outcomes in terms of ensuring the sustainability of the business, we’d bring it to our growers,” Mr. Connors said. With…

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