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May 14, 2009 - Geneva, Switzerland. Bunge today announced that it has signed an agreement to acquire the margarine businesses from Raisio plc. The agreement is subject to all necessary regulatory approvals.
“The Raisio businesses to be acquired are complementary to Bunge's existing core businesses. This acquisition is consistent with Bunge Europe’s strategy to develop its presence in the margarine market in Europe as a logical extension of its leadership in the bottled oil category”, said Jean-Louis Gourbin, CEO Bunge Europe.