Sucra

Sucra was created in Norway in 2001 as a holding company connected with the privatization of Arcus. Arcus was an alcoholic-beverage producer and importer, and Sucra was established to provide the ownership structure through which the privatized business would be held. The principal owners identified in the available reference material were Tine, Gilde, Norske Potetindustrier, and Ekjord. These organizations represented the initial ownership base behind Sucra. In its first major transaction, Sucra acquired 66 percent of Arcus in 2001. This gave the holding company control of Arcus while preserving the broader ownership arrangement associated with its creation. Sucra’s corporate purpose was consequently centered on ownership, consolidation, and governance rather than on developing a separate consumer brand or manufacturing a distinct product portfolio. Sucra completed the acquisition of Arcus in 2003 by purchasing the remaining shares. Arcus then became wholly owned through Sucra. The transaction marked the completion of the post-privatization transfer of Arcus into the Sucra structure and represented the company’s principal expansion of ownership. In 2005, Sucra and Arcus were sold to Ratos, a Swedish investment company. This sale transferred control of both the holding-company structure and the operating alcoholic-beverage business to a new owner. The available source does not provide further detail about Sucra’s legal existence, operations, management, or activities after the sale. Accordingly, Sucra’s current status cannot be confirmed from the supplied material. It is best understood historically as a Norwegian holding company created for the ownership and eventual transfer of Arcus, rather than as an independent consumer-facing sugar or food brand.

• 2005

  Sale to Ratos

  [1]Sucraen.wikipedia.org

  Sucra and Arcus were sold to the Swedish investment company Ratos.

• 2003

  Full ownership of Arcus

  [1]Sucraen.wikipedia.org

  Sucra purchased the remaining shares of Arcus and completed its acquisition of the company.

• 2001

  Sucra is established

  [1]Sucraen.wikipedia.org

  Sucra was created as a Norwegian holding company to own Arcus following Arcus’s privatization.

• 2001

  Initial Arcus acquisition

  [1]Sucraen.wikipedia.org

  Sucra acquired 66 percent of Arcus, the alcoholic-beverage producer and importer.

A private ownership and investment vehicle used to acquire and hold Arcus during the company's post-privatization ownership transition.

• 2005

  Sale of Sucra and Arcus to RatosM&A

  Background

  After Sucra had consolidated ownership of Arcus, the holding company and its operating business were sold.

  Action taken

  Sucra and Arcus were sold to the Swedish investment company Ratos.

  Aftermath

  Ratos became the new owner of the Sucra and Arcus businesses. The subsequent status of Sucra is not specified in the available source.

  Source

• 2003

  Completion of the Arcus takeoverM&A

  Background

  Sucra already controlled a majority of Arcus after its 2001 acquisition.

  Action taken

  Sucra purchased the remaining shares of Arcus.

  Aftermath

  Arcus became wholly owned through Sucra.

  Source

• 2001

  Acquisition of a majority stake in ArcusM&A

  Background

  Sucra was created to own Arcus after the alcoholic-beverage company had been privatized.

  Action taken

  Sucra acquired 66 percent of Arcus.

  Aftermath

  The acquisition made Sucra the controlling owner of Arcus and established the basis for a later full takeover.

  Source

1. 1Sucraen.wikipedia.org