KYIV. Dec 6 (Interfax-Ukraine) – Pfeifer & Langen (Germany) is completing the acquisition of six sugar factories in Ternopil region previously owned by T-Tsukor holding.
“Yes, we buy these six plants,” Radekhiv Sugar LLC Head Vitaliy Sikorsky told Interfax-Ukraine.
According to him, after the bankruptcy of Mriya agricultural holding, the owner of which together with T-Tsukor was the Huta family, the property of sugar mills was pledged as security for loans at Prominvestbank and passed into the ownership of the bank.
“In the crisis period for the industry enterprises, the bank found the best solution to support the business – the production facilities of the sugar factories will move to the core investor,” he added.
T-Tsukor included Borschiv, Buchach, Zbarazh, Kozova, Lanivtsi and Khoroskov sugar factories (Ternopil region), as well as Horodenka sugar refinery (Ivano-Frankivsk region).
Pfeifer & Langen is a large European producer of sugar. The company, in particular, owns sugar factories in Germany, Poland, Romania, Italy, Hungary, Slovenia, the Czech Republic, and Ukraine.
