News International Sugar Journal

Greece – Royal Sugar leases Hellenic Sugar’s two plants with the option to buy them [Full subscriber]

Royal Sugar Consortium partnering with Central Macedonian Cooperative Bank is to take over the management and operation of Hellenic Sugar’s production plants at Platy Imathia and Serre for the next 28 months, with an exclusive right to buy them out for €15.2 million (US$16.8 million) and €10.8 million, respectively, at the expiration of the lease, according to a statement released on 7th November.…

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