Ouest; Pays de la Loire; Loire-Atlantique
Location of affected unit(s)
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.81 - Manufacture of sugar

172 jobs
Number of planned job losses
Job loss
Announcement Date
13 November 2008
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2009


The group Tereos, France's leading sugar producer, has announced that Béghin-Say is to shut down its refinery in Nantes by the end of 2009. The site employs 172 people and produces 120,000 tonnes of refined brown sugar a year with a turnover of 160 millions euros - a Tereos spokesman said -

Tereos says that the decision has been made as a result of global overproduction of sugar and the withdrawn of European subsidies to the refining industry, generating a loss of 10 millions euros.

The closure is linked to the deterioration of economic conditions following the new sugar regime.

Privately-owned Tereos said that the new regime would have forced the company to treble output at the plant to compensate for the fall in subsidies. This was unfeasible, said the company, which informed employees about the closure.

Headquartered in the northern French city of Lille, Tereos is the second-largest sugar producer in the European Union and the first ethanol maker. It was created in 2004 from the merger of Béghin-Say and a beet sugar cooperative, Union SDA.



Eurofound (2008), Béghin-Say, Closure in France, factsheet number 67397, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67397.