This financial boost comes at a crucial time as ofi continues to expand its footprint in the milling and baking sectors.
The new facility is equipped with advanced automation systems, high-efficiency process design, and cutting-edge quality control technologies.
This innovation helps reduce underloaded voyages, previously 15% to 35% below capacity.
The acquisition aligns with Bunge’s strategy to deepen its presence in the food, feed, and biofuel sectors.
This growth was driven mainly by key segments such as Food ingredients, Taste and Health & Biosciences.