Südzucker AG (SZU.DE) XETRA

10.00

+0.015(+0.15%)

Updated at September 08 05:35PM

Currency In EUR

Südzucker AG

Address

Maximilianstrasse 10

Mannheim, 68165

Germany

Phone

49 621 421 0

Sector

Consumer Defensive

Industry

Packaged Foods

Employees

19853

First IPO Date

November 11, 1998

Key Executives

NameTitlePayYear Born
Dr. Niels PorksenChairman of Executive Board & Chief Executive Officer1.5M1963
Mr. Hans-Peter GaiChief Operating Officer & Member of Management Board527,2891966
Mr. Nikolai BaltruschatHead of Investor Relations0N/A
Magistrate Stephan ButtnerMember of Executive Board01973
Dr. Stephan MeederChief Financial Officer & Member of Executive Board01970

Description

Südzucker AG produces and sells sugar products in Germany and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The Sugar segment produces and sells sugar, sugar specialty products, glucose syrup, and animal feed to food industry, retailers, and agriculture markets, as well as offers by-products of sugar. The Special Products segment produces functional food ingredients, including dietary fibers, sugar substitutes, sugar, rice starches/flours, and functionalized wheat protein for food, animal feed, non-food, and pharmaceutical industries. This segment also offers frozen and chilled pizzas, pasta, baguette, and sauces and dressings; and portion packed foods and non-food products to hotels, caterers, food retailers, and restaurants. The CropEnergies segment produces fuel-grade ethanol, rectified spirits, protein-based food and animal feed, and liquid CO2 to oil companies and traders, industrial and pharmaceutical companies, food and animal feed producers, and beverage and cosmetics producers. The Starch segment offers starches, saccharification products, ethanol, and byproducts which includes animal feed and fertilizers to food, paper, textiles, industrial chemicals, pharmaceuticals, cosmetics, petroleum, and animal feed industries. The Fruit segment produces fruit preparations for the dairy, ice cream, baked goods, and food service industries; and fruit juice concentrates, pure juices, fruit wines, natural aromas, and beverage bases for beverage industry. It is also involved in agricultural activities; and cultivation of wheat, sugar beet, corn, chicory, rapeseed, soybean, and other products. The company was founded in 1837 and is headquartered in Mannheim, Germany. Südzucker AG is a subsidiary of Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG.