Associated British Foods has confirmed the sale of its Polish sugar subsidiary for an undisclosed sum.
Ownership of British Sugar (Overseas) Polska, including its Glinojeck plant, now passes to German sugar group Pfeifer & Langen.
BSO Polska was the fourth-largest sugar business in the country, producing around 150,000 tonnes of sugar a year.
“We are extremely proud of the development of our Polish sugar business,” said ABF chief executive George Weston. “I would like to thank the employees for their hard work and wish them all the best for the future.
“Our market-leading positions with British Sugar in the UK and Azucarera Ebro in Iberia combine to give us a strong presence in the rapidly-consolidating EU sugar market.”
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