History

1869
Founding of Moerbeke sugar mill

1929
Founding of Finasucre, a family holding company, to bring together the assets in Moerbeke and Escanaffles sugar mills in Belgium 

1982
Acquisition of 100% of Moerbeke sugar mill 

1986
Take-over of Sogesucre holding company, owner of the Compagnie Sucrière of Kwilu-Ngongo in the Democratic Republic of Congo

1988
Acquisition of Frasnes sugar mill 

1989
Merger of Sogesucre with Moerbeke and Frasnes sugar mills to create Groupe Sucrier 

1990
Closing of Escanaffles sugar mill; conversion of the site into a lactic acid factory in 1994, operated by Galactic

2000
Acquisition of Bundaberg Sugar in Australia 

2003
Acquisition of Euro Star factory in The Netherlands

2003
Founding of Iscal Sugar from the merger of the sugar mills of Moerbeke, Frasnes, Fontenoy and Veurne

2004
Closing of Frasnes sugar mill 

2005
Opening of lactic acid factory in Bengbu, China 

2006
Closing of Veurne sugar mill 

2006
Closing of Mourilyan sugar mill in Australia 

2007
Closing of the Moerbeke plant at the end of the campaign and abandonment of one-third of the production quota 

2007
Setting up by Galactic, in conjunction with Total Petrochemicals, of Futerro, a biodegradable plastics research firm 

2007
Founding of Socagrim in Congo to implement a real property project in Kinshasa 

2009
Repurchase by Finasucre of 20% of its own shares and their immediate cancellation 

2010
Moving of the Speciality Sugars division to the Initialis Parc in Mons  

2010
Inauguration of Futerro, Belgian community subsidiary company of Galactic and Total, pilot industrial unit producing PLA (Poly Lactic Acid) 

2010
Acquisition of a 25% participation in the Société Civile Anonyme des Galeries Royales Saint-Hubert 

2010
Participating interest of 5,46% in Aedifica (Sicafi), the main Belgian listed property company, which is specialised in residential real estate 

2010
Investment in BeCapital Private Equity (Sicar), specialising in investing in green technology or manufactured products companies 

2010
Finasucre bought convertible bonds in Green Drinks Cy (Holdings) Ltd, specialised in the development and commercialisation of machines to distribute cold drinks 

2011
Participating interest in the Holding S.G.D. that owns 20,8% of Naturex, a French manufacturer of natural speciality ingredients for the Food & Beverage, Nutrition & Health and Personal Care industries 

2012
Squeeze-out by Finasucre on the minority shares in Groupe Sucrier followed by a simplified merger by absorption of Groupe Sucrier in Finasucre

2013
Takeover of the Holding S.G.D. that owns 20,8% of Naturex, a French manufacturer of natural speciality ingredients for the Food & Beverage, Nutrition & Health and Personal Care industries

2013
Purchase of a building in Brisbane

2013
Galactic opens its research centre in Brussels

2014
Start of the construction of an apartment building in Kinshasa

2014
Acquisition of shares of Compagnie Het Zoute

2014
Participation in the capital increase of the Galeries Royales Saint Hubert

2015
Increase in S.G.D. capital to participate in the Naturex capital increase

2015
Aedifica - capital increase

2015
Kwilu Rum won a Gold medal (2nd price) at the Spirits Selection by Concours Mondial de Bruxelles competition, which took place in Guiyang, China, end August 2015

2016
Purchase of a building for the Head Office of Finasucre at 36 rue de la Gare, 1040 Brussels (August)

2016
Acquisition of the company Alldra by Iscal Sugar BV (October)

2016
Startup of the brickyard Kwilu Briques in DRC (December)

2018
Sale of direct and indirect shares in Naturex and S.G.D.

2018
Investment in Jab Consumer Fund SCA SICAR – Global Consumer Brands II

2019
Investment in Ÿnsect, France

2019
Investment in the company Global Baby, New Zealand

2019
Macadamia nuts orchards acquisition in Welcome Creek and Winfield, Australia

2019
Acquisition of shares in the companies Milkadamia International Holding Pty Ltd and Jindilli International Holding Pty Ltd, Australia

2020
Acquisition of the company Macadamia Direct in Dunoon, Australia