Cristal Union

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France: Cristal Union to close two facilities

April 23, 2019

Europe, Food, Manufacture & Distribution

Cristal Union, the number two sugar firm in France, has announced plans to close two facilities in response to oversupply and falling prices in the sugar market. Usine Nouvelle reports the firm, which markets the Daddy brand, is to shutter its plants in Toury, Eure et Loir and Bourdon in Auvergne, with more than 300 jobs affected. It is also said to be considering reducing activities at its Erstein packaging site …

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France: Cristal Union acquires Eridania

July 6, 2016

Europe, Food, Mergers & Acquisitions

Cristal Union, the French sugar processor and owner of the Daddy brand, has announced that it has reached a deal to acquire Italian sugar and sweetener firm Eridania through its subsisdiary Cristal Co. Eridania, in which Cristal Union has held a 49% stake since March 2011, is Italy’s leading distributor of sugar and sweeteners. The firm markets a broad range of products under brands such as Tropical, Truvia, Zefiro and …

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