Tereos

French group Tereos, a producer of sugar products under brands such as Beghin-Say, Guarani, TTD, and Sucreries de Bourbon, has entered the Indonesian market through the 50% acquisition of Redwood Indonesia from FKS Group. FKS will retain a 50% stake and along with Tereos will operate Redwood Indonesia, the sole producer of starch and glucose syrup in the Indonesian market, as a joint venture. As a result of the new …