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Cargill to sell two oilseed facilities to Bunge

13 September 20161 min reading

Cargill is planning to sell to Bunge two oilseed processing plants and businesses in the Netherlands and France. The total annual processing capacity at the facilities is approximately two million tons.

Cargill and Bunge Limited announced their intention to enter into an agreement under which Cargill will sell to cargillBunge two oilseed processing plants and businesses in the Netherlands and France. According to the statement of Cargill, In the Netherlands, the transaction includes the soybean and rapeseed crush and soybean oil refining facility in the Port of Amsterdam as well as part of the bulk port terminal assets dedicated to supporting discharge and storage of raw materials for the crush plant. In France, it includes the soybean and rapeseed crush facility located in the Port of Brest. The aggregate annual processing capacity at the two locations is approximately two million tons. It is said that the assets are highly complementary to Bunge’s existing soy processing operations in Europe, and will allow Bunge to further expand its global oilseed processing footprint into key Northern European destinations, grow its presence in Europe’s protein market, and further optimize global flows and logistics to serve customers.

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