Bunge

Bunge, the leading agri-commodities business, has entered into an agreement to sell its European margarines and spreads business to Vandemoortele, a leading European manufacturer and seller of frozen baked goods and plant-based foods. Under the agreement, Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, together with its spreads and margarine manufacturing locations and a portfolio of 20 consumer brands. Commenting on the move, Bunge …