Bunge acquires edible oils packaging business

Related tags United states Bunge north america

Bunge North America has acquired the assets of New Jersey-based Mid-Atlantic Vegetable Oils, enabling it to gain better access to edible oil markets in the northeast.

Mid-Atlantic packages oils, shortenings, margarines, and butter blends – as well as rehydrated garlic and spice products – for distribution in the northeastern United States for use in bakery, food processing and foodservice.

Vice president and general manager of Bunge Oils Rodney Perry said: "Purchasing Mid-Atlantic’s assets enables Bunge to increase our oil and shortening packaging capacity in the Northeastern corridor, which is the country’s largest edible oil market. Mid-Atlantic’s location also allows Bunge to more effectively serve our existing customers in this region and reach new customers."

Bunge North America also said that it intends to retain “the majority”​ of Mid-Atlantic’s employees.

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