Pfeifer & Langen purchased six T-Sugar factories
Pfeifer & Langen Company has closed the deal on acquisition of six sugar factories in Ternopil Region, previously owned by T-Sugar Holding.
This was informed by Interfax-Ukraine.
It is noted that the company has acquired Borshchev, Bucha, Zbarazh, Koziv, Lanovetsk and Khorostkiv sugar factories.
"We bought six plants owned by T-Sugar, because we are involved in sugar production. We plan to modernize these factories, and next year they will start operating", said Vitaly Sikorski in his exclusive interview to Latifundist.com.
Pfeifer & Langen Company owns Radekhiv Sugar in Ukraine.
Here is to remind that until 2014 T-Sugar holding (owned by the Guta family) was one of three leaders of sugar production in Ukraine, but since 2014 factories have not been operating.