Business in the Burbs

Bunge to pay $108.5 million for margarine business

May

Bunge Ltd., the White Plains agribusiness giant, agreed to pay $108.5 million to buy the margarine business of Raisio Oyj, an agricultural and food products company based in Finland. The sale, subject to regulatory approval, includes margarine plants in Finland and Poland. Bunge will also gain control of several brands, including Keiju, Makuisa, Masmix and Pyszny Duet. About 330 of Raisio’s Finnish and Polish employees will be transfer to Bunge.

This entry was posted on Thursday, May 14th, 2009 at 3:09 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Acquisitions

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