Cargill’s Blackriver acquires Ruette sugar mills

The two sugarcane plants of Ruette Group, located  in the Brazilian state São Paulo, will be officially taken over by the Black River Investments fund, controlled by Cargill.

The information was obtained exclusively by JornalCana ​​portal with a manager of the sugarcane company. Learn more.

Black River will take over the two plants on the  31st of December, as the crop year ends.

Ruette Group

The Ruette plant began operations in May 26, 1988 when they held their first crop, producing 15,266,026 liters of spirits.

After four seasons, it structured in its real goal, which had always been the production of ethanol. The company’s production is growing each season.

Read more: Brazil antitrust body assesses Black River sugar mills purchase