DuPont Completes Acquisition of Solae

St. Louis, MO-based DuPont has acquired from Bunge full ownership of the Solae, LLC joint venture, a soy-based ingredients leader. DuPont previously owned 72% of the joint venture while Bunge owned the remaining 28%. Headquartered in St. Louis, MO, the company was formed through a joint venture between DuPont and Bunge in 2003. “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,” said James Borel, DuPont executive vice president. “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.”