Bunge Southern Cone and Aceitera Martínez S.A. recently announced that the two companies have entered into an agreement to transfer all assets of Aceitera Martínez to Bunge.
A family-run business for more than 60 years, Aceitera Martínez specializes in the production and packaging of edible oils, including sunflower and soybean oils.
The acquisition covers all of the oil company’s assets and includes a modern production plant located in San Jerónimo Sud, Argentina, near Bunge’s refining center. The facilities, equipped with state-of-the-art technology and three packaging lines, have an installed capacity of approximately 20,000 tons per month.
“This acquisition allows us to strengthen our value-added position in the agri-food chain and ratifies Bunge’s deep commitment to national production,” said Enrique Humanes, chief executive officer of Bunge Southern Cone. “In the coming years, our commitment will be to meet the demand for higher-value-added products, expand our portfolio and generate a more appropriate asset allocation, all of which responds to Bunge’s strategic vision for our Food & Ingredients business.”
Source: Feedstuffs
Heineken has named Guillaume Duverdier as its new regional president for Africa Middle East (AME), effective 1 July 2025. Duverdier will also join the company’s executive team, succeeding Roland Pirmez, who is retiring after 29 years with the brewer.
The transaction, of which the financial terms were not disclosed, includes seven facilities in total: three dry corn milling facilities in Nebraska, Kansas and Illinois; three dry masa facilities in Texas, Indiana and Iowa; and a transload and packaging facility in Mexico. The dry corn milling division will continue to be headquartered in St Louis, Missouri.
As part of the changes, Elizabeth Duggan, current senior vice president and general manager, will now be president of the company’s snacks division as of 12 May, taking over from Chris Foley, who will step down in July after 25 years with Campbell’s.
