Leopold Kronacker founded Sucre Export in 1894, in Antwerp, Belgium.
In those days Europe was a net importer of Sugar and the company was active in supplying Raw Sugar from West Africa and the Caribbean to the European Refineries.
In the 1950s the EU created the Common Agricultural Policy. Generous national quotas, high minimum guaranteed prices, coupled with an intervention system and subsidized exports, created an ideal environment for the industry to expand. The EU became the largest White Sugar exporter in the world – up to 8 million tons a year. During this period, the company acquired a first-class reputation of professionalism and trust.
Sucre Export, now known as Group Sopex, grew from these foundations, and in 1989 launched its London operations. As the Sugar Market evolved, we developed close ties with suppliers in Brazil, Thailand and other exporting countries. We opened regional offices in various parts of the world, notably in Singapore, to expand our presence in Asia. Today we are an expert trading company at the centre of world trade in both raw and white sugars.
In 1990 the company established a coffee trading operation. The department, with headquarters in Antwerp and offices in Singapore and Vietnam, has grown at a rapid pace and is now by far the largest Coffee operator in Belgium. In 2011 Group Sopex began to trade Cocoa.