–
The Finasucre holding of the Lippens business family achieved a higher turnover last financial year, mainly due to the increased nut production in Australia. The dividend for the family remains stable.
–
When you say Lippens and business, you usually think of Knokke and the real estate company Compagnie Het Zoute. But that would make you forget that the family, with its Brussels industrial holding company Finasucre, is active in many other sectors. Primarily, as the name suggests, with sugar. Finasucre, with its subsidiary Iscal Sugar, is the second most important sugar player in our country after the Raffinerie Tirlemontoise. There is also sugar production in Congo and Australia.
–
The essence
- Finasucre is the holding company of the Lippens business family and is mainly active in the sugar sector.
- At the end of March last financial year, the group achieved a turnover of almost 400 million euros.
- The loss of the previous year was converted back into profit.
–
–
With Galactic, Finasucre also produces lactic acid and derivatives that are used in food and industry, for example for bioplastics. Galactic is active as far as Brazil and Japan. A relatively recent activity is the production of macadamia nuts in Australia. Finally, there are smaller ancillary activities such as brick making, sugar factory installations and even rum. Finasucre also diversifies in real estate, including as a shareholder in the Galeries Royales Saint-Hubert in Brussels and Compagnie Het Zoute.
–