The firm started as a sugar broker and is now amongst the world leaders with a market share of around 15% in volume (as of 2016[update]), or 9.5 million tonnes.
The company was founded in Paris[2] in 1952[3] as Sucres et Denrées by Maurice Varsano[4] and Jacques Roboh, who had started as sugar sellers in Morocco after World War II.
[5] Sucden has faced criticism for maintaining operations and strong business ties in Russia amid the war in Ukraine.
The company owns over 250,000 hectares of arable land in Russia and produces sugar, wheat, barley, sunflower, peas, and corn.
Clients trade financial derivative contracts on agricultural commodities such as sugar, coffee, cocoa, cotton and grains and oil seeds, industrial commodities such as base metals, steel, iron ore and energy, precious metals to foreign exchange and other financial instruments.