News International Sugar Journal

Singapore – Mitsui Sugar acquires SIS’88 to expand sales in ASEAN and Middle East [Full subscriber]

The sugar producer Mitsui Sugar Co. and trading house Mitsui & Co signed on 21st September, the Share Purchase Agreement (the “SPA”) with ED&F Man Holdings Limited to acquire 100% shares of SIS’88 Pte Ltd (“SIS”), which sells refined sugar in Singapore and the Middle East. Under the SPA, Mitsui Sugar and Mitsui will be acquiring 70.0% and 30.0% of SIS shares respectively, making SIS a consolidated subsidiary of Mitsui Sugar.…

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