Louis Dreyfus sells US sugar business to focus on global sugar trading business

US – Louis Dreyfus Company (LDC) has agreed to sell the business and assets of Imperial Sugar Company to US Sugar for undisclosed sum in order to focus on its global sugar trading business. Imperial Sugar – which primarily sources raw cane sugar from Central and South America, and the Caribbean – was bought by Louis Dreyfus in 2012 for US$78 million. The company operates a refinery at Port Wentworth in Savannah, Georgia, and a sugar transfer and liquefaction facility in Ludlow, Kentucky in addition to its consumer brands which…

Read More