Created By Group 24 :
1. Dewi Meilana
2. Fitria Handayani
3. M. Nur Agung
5. Yuan Niken Anggraeni
PROGAM STUDY MANAGEMENT
ECONOMIC AND BUSINESS FACULTY
UNIVERSITY OF LAMPUNG
A. History of Bunge Company
Bunge Born was founded in 1818 by Johann Peter Gotlieb Bunge in Amsterdam, it was relocated to Antwerp by Edouard Bounge in 1859. Edouard's brother; Ernest Bunge, took the Bunge name to Argentina in 1884, and in 1905 the business extended to Brazil and later on to the USA. The company was converted into the Bermuda-registered Bunge International in 1994, retaining the Bunge y Born name only in Argentina. Bunge remained a privately held company of 180 shareholders (including the longtime controlling family interests) and divested itself in 1998 of almost all its retail foods interests in favor of a greater role in international agribusiness and commodity markets, by then the company's gross annual turnover had reached US$13 billion. Bunge ultimately went public on the NYSE in 2001, becoming Bunge Limited. In 1994, the Bermuda-registered Bunge International was created as the main company in which the families had shares. There were around 180 shareholders—the main families were Hirsch, Bunge, Born, Engels, and De La Tour. This replaced the older structure in which individual shareholders had stakes in all the different Bunge companies. Now only in Argentina does the Bunge y Born name still exist. In 2001, Bunge went public. Through their three businesses—agribusiness, fertilizer, and food products—they have established a leading global presence in the farm-to-consumer food chain. Bunge is the world's largest oilseed processor, the world's number one seller of bottled vegetable oil to consumers and the largest producer and supplier of fertilizers to farmers in South America. In 2004, Bunge acquired Cereol, parent of oilseed companies Central Soya and CanAmera Foods. In 2008 bunge acquires german margarine producer Walter Rau and expends its sugar business by adding tate and Lyle’s sugar-trading arm, buying a majority stake in a second sugar and ethanol mill in Brazil and investing in sugar and ethanol join ventures with Itochu of Japan. In 2009 Bunge continues to strenghten its core businesses. It begins construction of an export terminal in the U.S. Pasifict Northwest and a soybean-processing plant in Vietnam, and acquires Europe and Petrobras’s fertilizer operations in Argentina. In 2010 bunge operates a large scale sugar and bioenergy business capable of producing various sugar and ethanol products.
1. South America (Argentina, Bolivia, Brazil, Colombia, Paraguay, Peru, Uruguay) 2. North America (Canada, Mexico, United State) Europe (Autria, Bulgaria, England, Finland, France, Germany, Hungary, Italy, Netherlands, Polan, Portugal, Romania, Russia, Spain, Switzerland, Ukraine) 3. Asia Pasific (Australia, China, India, Indonesia, Japan, Philippines, Singapore, Thailand, Vietnam, 4. Africa and Middle East (Egypt, Kenya, South Africa, Tanzania, Turkey, Zambia) 5. Caribbean (Antigua, Bahamas, Barbados, Dominican Republic, Haiti, Jamaica and Trinidad & Tobago) 6. Central america (Guatemala)
C. Top Management Structure of bunge company
CEO, Bunge Limited
Mr. Schroder became CEO, Bunge Limited, in June 2013, and serves on the company's board as a Director. From 2010 to 2013 he was CEO, Bunge North America, leading Bunge’s business operations in the United States, Canada and Mexico. Since joining Bunge in 2000, he has served in a variety of agribusiness leadership roles at the company in the United States and Europe. Prior to joining Bunge, he worked for more than 15 years at Continental Grain and Cargill. Mr. Schroder is a Member of Rabobank International’s North American Agribusiness Advisory Board. He received a B.A. in Economics from...
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