Suedzucker examining acquisition candidates (translated)
29 SEP 2017
Suedzucker [ETR:SZU], a Germany-based food company, is examining potential acquisitions, Lebensmittel Zeitungreported. Asked if he is talking to takeover candidates, Suedzucker Chief Executive Wolfgang Heer told the German trade weekly there are always interesting offers in the market and he is looking into them.
Heer said regions such as Brazil, South East Asia and Africa are interesting and he is closely examining potential projects in view of the on-site political situation, market constellation and financing.
Asked if he is interested in co-operations with foreign companies, Heer said he is not a fan of joint ventures and ruled out a 50/50 deal.