The story
Südzucker traces its origins to Süddeutsche-Zucker-AG, which was formed in 1926 through the merger of five regional sugar factories (Zuckerfabrik Frankenthal AG; Zuckerfabrik Heilbronn AG; Badische Gesellschaft für Zuckerfabrikation; Zuckerfabrik Offstein AG; Zuckerfabrik Stuttgart). Its corporate predecessor is Zuckerfabrik Frankenthal AG. In 1837, the Badische Gesellschaft für Zuckerfabrikation purchased Eremitage Castle in Waghäusel from the Grand Duchy of Baden and, on the castle’s 13‑hectare grounds, established the Waghäusel sugar factory, which operated until 1995. During World War II, almost all of the company’s production capacity was destroyed, and after the war it also lost the plants located in the Soviet occupation zone to expropriation. In the 1950s, the remaining factories were rebuilt and expanded. In 1988, the company merged with Zuckerfabrik Franken GmbH of Ochsenfurt and was renamed Südzucker Mannheim/Ochsenfurt, with its headquarters in Mannheim and major administrative offices in both Mannheim and Ochsenfurt.
From 2004 to 2016, Octavian Armașu, future finance minister and governor of the National Bank of Moldova, served as CFO of the Moldovan branch.
From Wikipedia’s article on Südzucker, shared under CC BY-SA 4.0.5