PLMJ advises on major sugar refinery M&A transaction

According to the newspaper Jornal de Negócios, PLMJ advised the USA’s largest cane sugar refining group on the acquisition of international group Tate & Lyle’s business unit in Portugal.

The acquisition, which includes the purchase of assets such as the old Sores factory, involved an amount of around €244.6 million and is the first European acquisition by American Sugar.