Tereos acquires Romanian sugar refinery

French sugar group Tereos announced it will acquire Romanian sugar refinery Ludus, to meet Eastern European demand., according to Food Navigator. Sugar consumption in the region is expected to increase in the coming years, the company said.

Ludus´s plant is located in one of Romania’s best sugar-producing regions and produces 34,000 tons of beet sugar a year .

Financial terms of the deal were not disclosed.

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