Sucro Announces Purchase of 15.9% Interest by Mexico's Beta San Miguel from Controlling Shareholder and Sugar Supply Agreement
Sucro Limited (TSXV: SUGR) (OTCQB: SUGRF) ("Sucro" or the "Company"), an integrated sugar refiner focused primarily on serving North American sugar markets, announced today that Beta San Miguel, S.A. de C.V. ("BSM"), one of the largest sugar refiners in Mexico by volume and sales, has acquired subordinate voting shares from the Company's controlling shareholder, SC Americas Corp. ("SC Americas"), representing 15.93% of the voting and equity shares of the Company. SC Americas, which prior to the