- Business
- Sucro Limited (TSXV:SUGR) operates as an integrated wholesale sugar merchant focused on North America and the Caribbean. Founded in 2014 and headquartered in Coral Gables, Florida, the company conducts business through two primary segments—Trade and Services—and serves wholesalers, food and beverage manufacturers, and the broader food manufacturing industry. Sucro sources raw and refined sugar from Latin American countries and its own refineries in the United States and Canada; refines, processes, handles, packages, stores, and transports sugar including granulated sugar, liquid sucrose, SweetLife by Sucro™ organic cane sugar, conventional cane sugar, and other specialty sweeteners; and provides tolling services such as refining, processing, quality assurance, warehousing, freight, administrative support, real estate management, and brokerage. Its integrated supply chain features two operational cane sugar refineries, an additional value-added processing facility, and two refineries under development in Hamilton, Ontario, and University Park, Illinois; the company maintains offices in Miami, Mexico City, Cali, Sao Paulo, and Port of Spain with approximately 221 employees. Sucro functions as a subsidiary of SC Americas Corp. Recent developments include the completion of its acquisition of the remaining 49% ownership in Sweet Life Services subsidiary in September 2025 in exchange for a 19% stake in Amerik Ingredients and subordinate shares; a private placement anticipating $1.6 million in proceeds announced around the same period; a strategic partnership with Mexico's Beta San Miguel establishing a 15.9% ownership interest, sugar supply agreements with first offer and refusal rights on Mexican exports, and board representation; and ongoing supply chain expansions targeting high-growth segments like the U.S. Northeast and Canada.