Cosun Beet Company through the years
Three cooperative sugar factories merged their operations in 1947, to create the Vereniging Coöperatieve Suikerfabrieken (VCS). In 1966, VCS merged with the other, still independent cooperative sugar producers. By 1970, Cosun Beet Company had adopted its current structure. The original cooperatives disappeared and their members became direct members of Cosun Beet Company.
In 2007, Cosun Beet Company reinforced its position on the European market through the acquisition of the sugar division of CSM. In 2009, it acquired a sugar factory in Anklam in northeast German. In 2018, Cosun Beet Company bought a start-up, Green Protein, and Cosun Biobased Products became part of the Cosun Beet Company business group in order to maximise the value of the sugar beet and to work with an international network of innovative entrepreneurs.
Until October 2017, the European sugar industry was regulated by means of a common market organisation with fixed production quotas. We are now operating in a free market.