IRIS CF acted as sell-side M&A advisor to the shareholders of Alldra B.V. in the sale of the company to Belgian sugar multinational Finasucre. Alldra will be part of the Iscal Sugar group, a subsidiary of Finasucre.
Alldra is a leading specialized ‘one stop’ manufacturer of sugar decorations for the confectionary, ice cream & bakery industry, including FMCG food industry leaders.
For more information, please see: www.alldra.nl
Iscal Sugar / Finasucre
Iscal Sugar is part of the Belgian Finasucre Group which is active in the sugar production and refining with sites in Belgium, Australia, Congo, China and the US. Other activities of Finasucre Group are manufacturing of lactic acid, ethanol, molasses and beet pulps and sale of sugar mill equipment and renewable energy. The acquisition of Alldra further diversifies its sugar business with manufacturing of sugar decorations.
The Finasucre Group is active on five continents with more than 2,600 employees and 11 production site worldwide. The sales of the group amount to € 395M in 2015/2016.