DuPont acquires 100 per cent stake in Solae

DuPont acquires 100 per cent stake in Solae

10:05 AM, 2nd May 2012
DuPont acquires 100 per cent stake in Solae
Solae global headquarters in St Louis.

DELAWARE, US: DuPont assumes full ownership of Solae effective from 1 May 2012. DuPont previously owned 72 per cent of the joint venture while Bunge owned the remaining 28 per cent. “DuPont is committed to nutrition and health. This investment in Solae, along with the acquisition of Danisco last year, has significantly added to our leadership position in food ingredients. Solae’s scientific expertise and market leadership in soy is a critical element in our plans to enhance the quality and quantity of food for a growing global population,” said Jim Borel, Executive Vice President, DuPont.

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