ITALY'S FERRUZZI TAKES OVER SPANISH MILL

  Italy's Ferruzzi SpA has taken a 67 pct
  stake in Spanish sunflower seed and cotton mill Cooperativa
  Agricola del Guadalete SA (GUADALCO), sources at GUADALCO said.
      The Italian firm's Spanish subsidiary, Ferruzzi Espana SA,
  took the majority equity stake, with the remaining 33 pct
  retained by GUADALCO.
      Ferruzzi plans to set up a sugar division and import some
  30,000 tonnes of industrial sugar from its French factories in
  its first year of operation.
      GUADALCO has a processing capacity of 250 tonnes a day of
  sunflower seeds and 12,000 tonnes a day of raw cotton.
  

