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Kruszwica acquires ZPT Warszawa

27 February 2009: The Court in Bydgoszcz has formally registered the merger between ZT Kruszwica and ZPT Warszawa.

Until now, ZPT Warszawa has been a subsidiary of Kruszwica. The company was indirectly acquired by Bunge in December 2006, as part of the first stage of Bunge consolidation in Poland.

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- The Court's registration of the merger successfully completes the long and challenging process of consolidation of four companies. We have become the largest in Poland and one of the largest in Central Europe producer of vegetable fats, with annual turnover exceeding 2 billion PLN. We have sufficient capacity, good scope of operations and strong brand portfolio - says Tommy Jensen, the President of ZT KruszwicaManagement Board. Thanks to the consolidation we have created a solid and integrated company, which at present is able to efficiently compete in the European market, and face potential challenges resulting from deteriorated economy caused by international financial crisis – comments the event Tommy Jensen, the Kruszwica CEO.

ZPT w Warszawie was founded in 1949 as state-owned enterprise. In 1998 the unit was transformed into a stock company and offered for privatization. In mid-2006 it was acquired by Bunge jointly with a partner and by end of 2006 incorporated as part of the Kruszwica Group.


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“KRUSZWICA’s results have soared. The growth in oil seed rape prices and, consequently, the increase in prices of rape-based oils and margarines have improved manufacturing margins, translating into a net profit of more than 114 million PLN (...)” More