Bunge Limited NYSE: BG is a Bermudan food conglomerate with its headquarters in White Plains, New York. As well as being a leading global soybean exporter it is also involved in food processing, grain trading, and fertilizer. It competes with Cargill and Archer Daniels Midland. Founded in 1818 by Johann Peter Gotlieb Bunge in Amsterdam, it was relocated to Antwerp by Edouard Bounge in 1859. Edouard's brother; Ernest Bunge, took the Bunge name to Argentina in 1884, and in 1905 the business extended to Brazil and later on to the USA. A global company with European roots that date back to... its founding in Amsterdam in 1818. European immigrants arriving in Argentina in the late 19th century took advantage of the newly created wheatlands. Bunge was founded in 1815 and was run by two jewish families: Hirsch and Born. The Born family was converted to catholicism. When CEO Alfred Hirsch died, he was followed by Jorge Born according to Bunge's policy. Both families joined forces to play a large role in the grain and oilseed business, initially in Argentina and then worldwide.
more
| NYSE symbol: | BG |
| Founded: | 1818 |
| Headquarters: | United States of America |
| Legal structure: | Public company |
| Annual revenue: | $52,574,000,000 |
| Net income: | $1,064,000,000 |
| Operating income: | $2,423,000,000 |
| Market cap: | $14,000,000,000 |
| Industries: | Cottonseed Oil Mills, Soybean Oil Mills, Vegetable Oil Mills, Except Corn, Cottonseed, and Soybeans, Animal and Marine Fats and Oils, Shortening, Table Oils, Margarine, and Other Edible Fats and Oils, NEC, Food |