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M&A Deal Summary

Illovo Sugar Acquires Zambia Sugar

On January 1, 2001, Illovo Sugar acquired food company Zambia Sugar

Acquisition Highlights
  • This is Illovo Sugar’s 1st transaction in the Food sector.
  • This is Illovo Sugar’s 1st transaction in Zambia.

M&A Deal Summary
Date 2001-01-01
Target Zambia Sugar
Sector Food
Buyer(s) Illovo Sugar
Deal Type Add-on Acquisition

Target

Zambia Sugar

Mazabuka, Zambia
Zambia Sugar Plc is a producer of sugar. Zambia Sugar is based in Mazabuka, Zambia.

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Buyer(S) 1

Buyer

Illovo Sugar

Durban, South Africa
Category Company
Sector Food
Revenue 13.2B ZAR (2014)
DESCRIPTION

Illovo Sugar Ltd. is a sugar producer and manufacturer of downstream products. High-value products manufactured downstream of the sugar production process are sold internationally into niche markets.

DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Zambia M&A 1 of 1
Year: 2001 M&A 1 of 1
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