Bunge buys US packaging firm
BG | Quote | Chart | News | PowerRating -- US food company Bunge North America, a unit of Bunge Ltd (NYSE:BG), on
27 April 2009 announced it has acquired the assets of packaging firm
Mid-Atlantic Vegetable Shortening for an undisclosed sum, Just-Food
reported.
The deal is aimed at boosting Bunge's "oil and shortening packaging
capacity" in North America, helping also to expand client portfolio in
its core market, Rodney Perry, executive at Bunge, said.
Mid-Atlantic packages liquid oils, shortenings, margarines, vegetable
butter and spices.
Bunge will keep most of the employees at Mid-Atlantic plant.
Sector: Food/Agriculture/Packaging
Type: Acquisition
Target: Mid-Atlantic Vegetable Shortening
Buyer: Bunge North America Inc
Status: Completed
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