Press Release

Tereos announces the divestiture of its stake in starch activities in China to the YKA Group

Download PDF

As part of its new strategy presented in June 2021, Tereos cooperative group announced its intent to refocus on its three main activities and reduce its debt.

In this context, Tereos announces that it is divesting its 49% stakes in two Chinese starch joint ventures initiated in 2012 and 2013 to its joint venture partner, the YKA Group, an agro-industrial group headquartered in China.

This transaction is subject to antitrust authorities’ approval.