The acquisitions will enable Olleco Bunge to serve both new and existing customers in Spain with national coverage. This newly established team will collaborate with foodservice and food manufacturing customers delivering circular economy solutions for edible oils. Edible oils will find a valuable second life as a waste feedstock for renewable fuels, helping to address environmental and energy security challenges.

"This is an exciting first step towards our goal of building a world-class company that delivers sustainable solutions to the food industry. We are thrilled to work alongside our new colleagues in Spain who are aligned with our vision for the industry" said Oliver Mack - General Manager, Olleco Bunge.

“More and more we see food oil customers requiring innovative solutions to help them play their part in the energy transition from fossil-based fuels.  We are delighted to close another loop in the sustainable story with Olleco Bunge” Sebastian Olivan - Refined Oils Manager Southern Europe,  Bunge.