Ingredients |
Processing |
Packaging |
Market Trends |
Regulatory |
Interview |
Food Safety |
Instrumentation |
Danisco A/S says it has closed the sale of Danisco Sugar A/S to Nordzucker AG.
The sale of the sugar activities is a decisive step towards transforming Danisco into a focused, bio-based and market-driven ingredients provider.
The sale of Danisco Sugar was concluded at a sales price of DKK 5.45 billion ($0.92 billion) based on a normalised working capital to which should be added an amount receivable from the EU of DKK 0.37 billion.
The sale of the sugar activities will be booked in Q3 2008/09.
The sale of the sugar activities is a decisive step towards transforming Danisco into a focused, bio-based and market-driven ingredients provider.
The sale of Danisco Sugar was concluded at a sales price of DKK 5.45 billion ($0.92 billion) based on a normalised working capital to which should be added an amount receivable from the EU of DKK 0.37 billion.
The sale of the sugar activities will be booked in Q3 2008/09.
Del.icio.us | 
Facebook |
