M&A Deal Summary

Bunge Acquires Hindustan Lever - Edible Oils Business

On June 20, 2003, Bunge acquired food company Hindustan Lever - Edible Oils Business from Hindustan Unilever

Acquisition Highlights
  • This is Bunge’s 2nd transaction in the Food sector.
  • This is Bunge’s 1st transaction in India.

M&A Deal Summary

Date 2003-06-20
Target Hindustan Lever - Edible Oils Business
Sector Food
Buyer(s) Bunge
Sellers(s) Hindustan Unilever
Deal Type Divestiture

Target

Hindustan Lever - Edible Oils Business

Bangalore, India
Hindustan Lever - Edible Oils Business comprises hydrogenated vegetable fats marketed under the brand name "Dalda" and a market leader in bakery fats marketed under "Masterline" brands, and distributes its products throughout India.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Bunge

Chesterfield, Missouri, United States

Category Company
Founded 1818
Sector Agriculture
Employees23,000
Revenue 53.1B USD (2024)
DESCRIPTION

Bunge is a global agribusiness and food company operating in over 40 countries. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide. Bunge was incorporated in 1818 and is based in Chesterfield, Missouri.


DEAL STATS #
Overall 2 of 10
Sector: Food M&A 2 of 7
Type: Divestiture M&A Deals 1 of 5
Country: India M&A 1 of 2
Year: 2003 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Solae

St. Louis, Missouri, United States

Solae, LLC is a leader in developing soy-based ingredients for nutritious, great-tasting products. Solae provides solutions that deliver a unique combination of functional, nutritional, economical and sustainable benefits to our customers. Headquartered in St. Louis, Missouri, USA, the company was formed through a joint venture between DuPont and Bunge in 2003.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-22 Prestige Foods - Soybean Crushing Business

India

Prestige Foods - Soybean Crushing Business include an oilseed processing unit with an integrated vegetable oil refinery and packaging facility and production capacity of 150 tons per day of refined oil and 100 tons per day of vanaspati, a butter substitute used in India.

Buy -

Seller(S) 1

SELLER

Hindustan Unilever

Mumbai, India

Category Company
Founded 1888
Sector Consumer Products
Employees18,802
Revenue 622.9B INR (2025)
DESCRIPTION

Hindustan Unilever is a consumer goods company. HUL is a subsidiary of Unilever, a supplier of fast-moving consumer goods with strong local roots in more than 100 countries across the globe. Hindustan Unilever was founded in 1888 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 1 of 3
Sector: Food M&A 1 of 2
Type: Divestiture M&A Deals 1 of 3
Country: India M&A 1 of 3
Year: 2003 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-17 Indulekha

Thalassery, India

Indulekha is a manufacturer and supplier of ayurvedic skin and hair care products.

Buy Rs330M