Bunge Inks Distribution Deal With Blendtek Ingredients

  • Canadian-based Blendtek Ingredients Inc., an ingredient solutions and product development company, has signed a plant protein distribution agreement with Bunge Ltd BG in North America.
  • Blendtek will distribute Bunge's protein portfolio to key market segments. Blendtek will also provide product formulation expertise and blending capabilities.
  • Under the agreement, Blendtek will offer Bunge proteins made from soy, pea, faba, lentil, and mung, including concentrates and isolates, as well as powders and textures.
  • Bunge's proteins can be used to make many products across meat and dairy alternatives, sports & nutrition, snacks, bakery, pet, processed meat, and more.
  • Price Action: BG shares are trading higher by 1.72% at $95.72 on the last check Wednesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!