All news

Oleina vegetable oil producer closes Russian business sale deal

It is noted that Bunge CIS will continue production at its oil extraction plant and sales of vegetable oil under control of the new owner from February 3

MOSCOW, February 7. /TASS/. Bunge, the US-based agricultural trader and the producer of Oleina vegetable oil brand, closed the deal on the sale of its Russian vegetable oil business, Bunge CIS said on its website.

"Bunge completed the deal of its business sale in Russia," the company said.

Bunge CIS will continue production at its oil extraction plant and sales of vegetable oil under control of the new owner from February 3, the company noted. "The name of the company will be changed shortly and name change details will be posted on the website," it added.