“BUNGE COMPANY”
Created By Group 24 :
1. Dewi Meilana 1311011039
2. Fitria Handayani 1311011066
3. M. Nur Agung 1311011101
4. Rizka Meliyani 1311011142
5. Yuan Niken Anggraeni 1311011173
PROGAM STUDY MANAGEMENT
ECONOMIC AND BUSINESS FACULTY
UNIVERSITY OF LAMPUNG
2014/2015
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