German Pfeifer & Langen buys the sixth sugar factory in Ukraine
The Antimonopoly Committee of Ukraine has started consideration of the case of concentration in form of acquisition by «Radehivskyi Sugar» LLC of the assets of «Gnidava Sugar Refinery» private joint-stock company, which ensure the implementation of white (beet) sugar production.
It is reported by press service of AMCU.
The owner of «Radehivskyi Sugar» LLC is German company Pfeifer & Langen. It also owns four sugar factories in Ternopil region. Their first owner was «Mriya» agricultural holding (today - Continental Farmers Group).
Pfeifer & Langen GmbH & Co. KG is a German family company headquartered in Cologne. For more than 150 years, it has been engaged in production and sale of sugar and derived products. It is the third largest sugar producer in Germany after Südzucker and Nordzucker. The company produces products under the Kölner Zucker and Diamant Zucker brands.
«Gnidava Sugar Refinery» PJSC is a powerful enterprise with wide technological capabilities in the field of production of sugar and other auxiliary raw materials. The main product of the sugar factory is sugar obtained from the processing of sugar beets.