Bunge signs agreement to sell its margarine and mayonnaise assets in Brazil

Alleen voor leden beschikbaar, wordt daarom gratis lid!

Overig advies 23/12/2019 08:40
WHITE PLAINS, NY – December 20, 2019 – Bunge Limited (NYSE: BG) ("Bunge" or "the Company") today announced that it has entered into an agreement to sell its margarine and mayonnaise assets in Brazil to Seara Alimentos S.A.

The transaction includes three production plants and the brands used for these two products. The completion of the sale is subject to regulatory approval.

“This transaction further streamlines our operations in Brazil around our core capabilities, while providing good value for a solid business. It also represents another incremental step in executing a key priority of optimizing our overall portfolio,” said Greg Heckman, Bunge’s Chief Executive Officer.

As part of this deal, the companies have also negotiated supply, toll manufacturing and brand license agreements. Other branded products including packaged oils, shortenings and specialty oils will remain in Bunge’s portfolio.

Beperkte weergave !
Leden hebben toegang tot meer informatie! Omdat u nog geen lid bent of niet staat ingelogd, ziet u nu een beperktere pagina. Wordt daarom GRATIS Lid of login met uw wachtwoord

Copyrights © 2000 by XEA.nl all rights reserved
Niets mag zonder toestemming van de redactie worden gekopieerd, linken naar deze pagina is wel toegestaan.