Bunge buys US packaging firm

Posted on: Mon, 27 Apr 2009 09:59:00 EDT


Symbols: BG
Apr 27, 2009 (M2 EQUITYBITES via COMTEX) --
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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For full details on Bunge Ltd (BG) BG. Bunge Ltd (BG) has Short Term PowerRatings at TradingMarkets. Details on Bunge Ltd (BG) Short Term PowerRatings is available at This Link.

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