One of the leading international agribusiness corporations, Bunge (Netherlands), plans to expand its presence in Ukraine by acquiring the Vinnytsia Oil and Fat Plant. The relevant permission to purchase a controlling stake in Eltorne Limited, which owns 100% of the shares in the Vinnytsia Oil and Fat Plant through the company “Aktiv-OZhK”, has already been granted by the Antimonopoly Committee.
This is reported by Business • Media
Production Capacities and Specialization of the Enterprise
The Vinnytsia Oil and Fat Plant is one of the key enterprises in the industry, engaged in the processing of sunflower, rapeseed, soybeans, and flax. The plant produces both unrefined and refined oil, meals, as well as pellets made from sunflower husks. The plant’s capacities allow for the processing of between 1,000 to 1,840 tons of sunflower, 600 to 1,350 tons of rapeseed, 550 to 900 tons of soybeans, and up to 1,000 tons of flax per day.
Bunge: Activities and Positions in Ukraine
Bunge is one of the leaders in the Ukrainian agribusiness and food sector. The company has been operating in the Ukrainian market since 2002 and is notably the producer of the popular oil “Oleina”. In the country, Bunge owns a port terminal, two oil extraction plants in Mykolaiv and Dnipro, as well as three elevators located in various regions.
The international holding company engaged in the processing and distribution of agricultural products, Bunge (Netherlands), intends to acquire the “Vinnytsia Oil and Fat Plant”. The Antimonopoly Committee has already permitted Koninklijke Bunge to acquire a controlling stake in Eltorne Limited. The Cypriot Eltorne Limited owns 100% of the shares of the “Vinnytsia Oil and Fat Plant” through the company “Aktiv-OZhK”.
The acquisition of the Vinnytsia Oil and Fat Plant will allow Bunge not only to expand its range of processed products but also to enhance its competitiveness in the domestic market, strengthening the company’s position among the key players in Ukraine’s agribusiness sector.