Frozen food production under private label for retail
Profit-making company (28 FTE: 22 workers and 5 Admin + 1 dedicated purchase agent" + 1 dedicated Sales agent)
Reason for sale: Non-core activities within current group
SugarCo is a spin-out company of a big Indian conglomerate that developed an industrial process to transform raw sugar in two types of sugar-derived products: honeytose (no calories) and nectarose (high oxydation properties) which will be distributed to food manufacturers. The capital increase will finance an important industrial site in Wallonia.