Extending Our Portfolio with a Bakery Segment Leader

Bunge has entered into a definitive agreement to acquire Westfälische Lebensmittelwerke Lindemann GmbH &Co. KG, a supplier of oils and fats in Germany. Established in 1902 in Bünde, East Westphalia, the family-owned business has grown to become one of the leading suppliers of oils and fats to both the industrial and artisan channels of the German bakery market.

The Lindemann portfolio is an excellent fit with Bunge and will allow us to offer a broader, high value range of products in response to consumer trends and our customer requirements.

"This acquisition will allow us to build a more robust and balanced B2B oil and fat business by expanding our portfolio and capabilities to the bakery segment," said Tommy Jensen, CEO of Bunge EMEA. "It will enable us to strengthen our presence in Northwestern Europe that we have established with our existing assets and our recent acquisition of Walter Rau Neusser."

To learn more about Lindemann, visit the company website: http://www.lindemann-food.de/en

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