Beta San Miguel completed the acquisition of Sucro from SC Americas.

Beta San Miguel, a sugar refiners, completed the acquisition of Sucro, an integrated sugar refiner, from SC Americas. Financial terms were not disclosed. "This strategic relationship with BSM brings together two innovative companies with a shared vision for growth and North American expansion. The transaction not only underscores BSM's confidence in our business but also strengthens our ability to serve the North American sugar market. While this transaction marks a critical time in Sucro's growth and development, it also provides important potential upside value if Sucro continues to execute on its current operating plan. Following completion of this transaction, Sucro management continues to own in excess of 60% of the voting and equity shares of the Company, and we are extremely motivated and focused on delivering value for all shareholders," Jonathan Taylor, Sucro Founder & CEO.