30 Jul 2019 --- Australia’s second-largest sugar milling company, Mackay Sugar Limited, has announced that a majority of its farmer-shareholders (75 percent) have voted in support of a takeover by German sugar producer Nordzucker AG. The farmers will retain a 30 percent shareholding in return for Nordzucker’s investment in the company, which will be put towards undertaking capital and overseeing maintenance works on its sugar mills.