Interior Minister approves Pfeiffer und Langen sugar mill acquisition
Interior Minister Marek Biernacki has given the go-ahead for German company
Pfeiffer und Langen to buy the five sugar mills belonging to the
Kalisko-Koninska group. The Treasury has already approved the deal, after a
contract was concluded by the Poznan-Pomorski holding, the mills' owner, in
mid-July. The deal is supported by four out of the five mills, with only the
Zbiersk refinery opposed to the takeover by the German company. The
agreement comes as good news for the mills' employees and local sugar beet
growers, whose future employment is more secure. The five mills will not now
become members of Polski Cukier, the giant sugar holding that will come into
being with the enactment of the Sugar Bill tomorrow. (Gazeta Wyborcza, p.
17) K.K.