Sucden to acquire the remaining stake in the sugar unit of Trio Group.

Sucden, a French-based commodity broker of soft commodities and other financial products, agreed to acquire the remaining 51% stake in the sugar unit of Trio Group, a full-cycle agricultural holding. Financial terms were not disclosed. With this transaction, Sucden will maintain its focus on serving customers through its highly reliable network of assets and teams. Trio Group will continue to focus on developing agricultural assets, breeding dairy cattle and farming potatoes.