KYIV - U.S.-based agri-industrial corporation Bunge has acquired port-based facilities in Ukraine for an overall sum of about $100 million. As Bunge said in its annual report, the buyer was one of its European-based subsidiaries, and the deal was struck on February 10, 2011.

Interfax-Ukraine was unable to obtain further information from Bunge on the deal.

Earlier the U.S. company and the authorities of Mykolaiv announced the commissioning in March this year of a new grain transshipment complex with a capacity of three million tonnes in Mykolaiv maritime merchant port. According to the port, investment made in the new terminal was estimated to be worth about $40 million.

Bunge was founded in Amsterdam in 1818. Its head office is presently located in the United States. The company's turnover is estimated at about $25 billion per year.

Its core assets in Ukraine are Dnipropetrovsk vegetable oil refinery, which produces Oleina sunflower oil, and a subsidiary with foreign investment, Kyiv-based Suntrade, which operates grain storage facilities in several Ukrainian regions.

USUBC NOTE:  Bunge is a member of the U.S.-Ukraine Business Council (USUBC), Washington, D.C., www.usubc.org.