Deals this week: Bunge Agribusiness Singapore Pte, Archer Daniels Midland Company
Bunge Agribusiness Singapore Pte has signed a distribution agreement with Oleo-Fats (OFI) for foodservice, retail and food processor industries in the Asia-Pacific market.
Oleo-Fats, a wholly owned subsidiary of D&L Industries, will become Bunge’s exclusive commercial partner to import, market, sell and distribute packaged soft seed oils in the Philippines market.
In a similar role, Bunge will become an exclusive commercial partner for OFI to export, market, sell and distribute coconut oil in Asia Pacific.
Bunge Agribusiness Singapore Pte is an agriculture business, while Oleo-Fats is a manufacturer of specialist food oils and ingredients based in the Philippines.
Food processing and commodities trading company Archer Daniels Midland Company has acquired the assets of Caterina Foods to grow in the gluten-free and high-protein specialist pasta market.
Caterina Foods is a toll manufacturer of specialist gluten-free and high-protein pasta.
Image: Caterina Foods is a toll manufacturer of specialist gluten-free and high-protein pasta. Photo: courtesy of Travis Witt.