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Sugar: French challenger Cristal Union is to acquire Groupe Vermandoise

Published on 24/02/2012

The agri-food and green chemicals industries in the Champagne-Ardenne region are consolidating their heavyweight ranking both in France and Europe. Cristal Union, a cooperative established in Champagne-Ardenne, will thus take fifth place in Europe and consolidating its position as second sugar and ethanol manufacturers in France .

On 7 January 2012, Cristal Union and the controlling shareholders of Groupe Vermandoise have drawn up a Memorandum of Understanding for Cristal Union to take control of Groupe Vermandoise.

The French cooperative owned by 5,350 farmers is well-known among consumers thanks to its two famous brands: Daddy and Erstein. Annual sugar production stands at 900,000 tonnes with 4.5 million hl of alcohol. The firm has 1,500 employees in France.

Groupe Vermandoise numbers among benchmark French manufacturers in the sugar industry with annual production of around 550,000 tonnes and 600,000 hl of alcohol. It operates four sugar plants (including one sugar plant which also has a distillery), employing 568 employees in France and owns two firms listed on Euronext, Nyse‑Euronext Paris compartment B: Société Vermandoise de Sucreries and Société Sucrière de Pithiviers-le-Vieil.

The Champagne Ardenne Region, ranking second in France in terms of agri-food production, is thus a leader in European biofuel refinery and green chemicals.

Useful links:

Agribusinesses established in the Champagne-Ardenne region

A biofuel refinery established in the Champagne-Ardenne region

Business acquisitions and takeovers in Champagne-Ardenne region

June 29, 2011, 25 agricultural attachés from foreign embassies in France discover the Champagne-Ardenne region

Published on 13/07/2011

On 29 June 2011, in collaboration with the Minister of Agriculture and the President of the region, Mr. Jean-Paul Bachy, CADev welcomed twenty-five agricultural attachés from foreign embassies in Paris to the Champagne-Ardenne region. Every continent was represented, in particular by China, Brazil, Russia, Austria and the United Kingdom.

At the heart of the Nogent l’Abesse wine-producing cooperative, they enjoyed a presentation about the region and its achievements in the fields of agriculture and food production.

They were able to appreciate the CIVC’s (Interprofessional Champagne Committee) influence on the protection of AOC Champagne and the preservation of the environment, as well as that of the IAR (Association for Industry and Agricultural Resources) on the development of non-food agricultural resources. The day concluded with a visit to the Pomacle-Bazancourt biorefinery site.

This visit also enabled them to discover this wonderful gastronomic region only 45 minutes from Paris.

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