Bunge Agrees to Sell Oilseed Processing Business in Russia
19 Setembro 2022 - 10:10AM
Business Wire
Bunge (NYSE:BG) today announced that it has agreed to sell its
oilseed processing business in Russia to Karen Vanetsyan, the
controlling shareholder of Exoil Group. The sale includes the
sunflower processing plant in Voronezh. The completion of the sale
is subject to customary closing conditions, including regulatory
approval.
“We are grateful to the team for continuing to deliver essential
food and feed in this challenging environment. With Karen
Vanetsyan's more than 25 years of experience in agricultural
processing, we are confident the team will continue to successfully
serve customers,” said Greg Heckman, Bunge’s CEO.
About Bunge At Bunge (NYSE: BG), our purpose is to
connect farmers to consumers to deliver essential food, feed and
fuel to the world. With more than two centuries of experience,
unmatched global scale and deeply rooted relationships, we work to
put quality food on the table, increase sustainability where we
operate, strengthen global food security, and help communities
prosper. As the world’s leader in oilseed processing and a leading
producer and supplier of specialty plant-based oils and fats, we
value our partnerships with farmers to improve the productivity and
environmental efficiency of agriculture across our value chains and
to bring quality products from where they’re grown to where they’re
consumed. At the same time, we collaborate with our customers to
create and reimagine the future of food, developing tailored and
innovative solutions to meet evolving dietary needs and trends in
every part of the world. Our Company is headquartered in St. Louis,
Missouri, and we have almost 23,000 dedicated employees working
across approximately 300 facilities located in more than 40
countries.
Website Information We routinely post important
information for investors on our website, www.bunge.com, in the
"Investors" section. We may use this website as a means of
disclosing material, non-public information and for complying with
our disclosure obligations under Regulation FD. Accordingly,
investors should monitor the Investors section of our website, in
addition to following our press releases, SEC filings, public
conference calls, presentations and webcasts. The information
contained on, or that may be accessed through, our website is not
incorporated by reference into, and is not a part of, this
document.
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Media Contact: Bunge News Bureau Bunge 636-292-3022
news@bunge.com
Investor Contact: Ruth Ann Wisener Bunge Limited 636-292-3014
Ruthann.wisener@bunge.com
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