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IndoAgri JVs propose reorganisation of sugar assets, operations in Brazil

Vivienne Tay

Published Thu, Oct 1, 2020 · 09:50 PM

Singapore

INDOFOOD Agri Resources' joint ventures (JVs) have proposed reorganising and consolidating their sugar assets and operations in Brazil.

The joint ventures are Companhia Mineira de Açúcar e Álcool Participações (CMAA) and Canápolis Holding, the agribusiness group said in a bourse filing on Thursday. IndoAgri Brazil Participações, a wholly owned subsidiary by IndoAgri, owns stakes in both entities.

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