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Cargill sells its oil equipments in Romania to Expur

Cargill has signed an agreement with Expur, a subsidiary of the French company Sofiprotéol, to sell its assets for pressing, refining and bottling plant in Romania.

The transaction covers also the brands of bottled vegetable oils Untdelemn de la Bunica and Olpo and a part of the pressing equipment, oil refining and bottling.

 

Cargill has taken the strategic decision to cease operations in Romania on the vegetable oil market and to focus on growth and development of agricultural operations, including services for farmers and fodder production activities undertaken on this market.

Therefore, after selling its assets, Cargill will shut its manufacturing unit in Podari, located in southern Romania, as this is not included in the transaction.

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