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Nestle sues three German sugar refiners

Posted On: Aug. 18, 2015 12:00 AM CST

Switzerland-based food company Nestle S.A. is suing three German sugar refiners, including Suedzucker A.G., and is seeking damages worth €50 million ($55.7 million), Reuters reports citing newspaper Lebensmittel Zeitung.

These firms were found to be involved in a price-rigging cartel.

A Nestle spokesman said that the company has filed the suit with a court in Mannheim.

Several other firms have already filed suits against Suedzucker.

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