Bunge unifies all of its businesses in Poland


Bunge unifies all of its businesses in Poland under a single company name

Warsaw, December 1st 2021 – Bunge, the world leader in oilseeds processing, announced the consolidation of its businesses in Poland under the Bunge name after completing the acquisition of ZT Kruszwica earlier this year. This decision also includes other operations Bunge has in the country, including a port terminal in Świnoujście, a vegetable fats processing plant in Karczew, and its IT business intelligence center in Warsaw that services Bunge worldwide.

Adopting a single company name in Poland reflects Bunge’s business strategy to operate as one company across its end-to-end value chain operating model. Effective December 1, all Bunge operating entities in Poland will now use one legal entity, Bunge Polska sp. z o.o.

Bunge entered a joint venture with ZT Kruszwica as a majority shareholder in 2002. For the past 20 years, Bunge and ZT Kruszwica have partnered to develop a leading position in the vegetable oils and fats industry in Poland and Central Europe. This business, which operated as ZT Kruszwica, included crushing plants in Kruszwica and Brzeg. At these facilities, the company processes softseeds and transforms them into plant-based oils and fats for use in the food processing industry, bottled oils and margarines for end consumers, and products for the biofuel and feed industries. Additionally, the company manufactures and commercializes some of the best-known product brands in the country, including Kujawski oil and Smakowita margarines. These products will continue to use their widely recognized brand names.

Bunge will continue strengthening its business in the country, streamlining systems and becoming more agile, while maintaining its local legacy of investing in deeply rooted consumer brands that have a long history in Poland.

About Bunge

At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. With more than two centuries of experience, unmatched global scale and deeply rooted relationships, we work to put quality food on the table, increase sustainability where we operate, strengthen global food security, and help communities prosper. As the world’s leader in oilseed processing and a leading producer and supplier of specialty plant-based oils and fats, we value our partnerships with farmers to improve the productivity and environmental efficiency of agriculture across our value chains and to bring quality products from where they’re grown to where they’re consumed. At the same time, we collaborate with our customers to create and reimagine the future of food, developing tailored and innovative solutions to meet evolving dietary needs and trends in every part of the world. Our Company is headquartered in St. Louis, Missouri, and we have more than 23,000 dedicated employees working across approximately 300 facilities located in more than 40 countries.

Website Information

We routinely post important information for investors on our website, www.bunge.com, in the “Investors” section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.