ACH Food Companies Inc., a Memphis, Tenn.-based subsidiary of Associated British Foods plc, has purchased the private label retail bottled oil business of Bunge Foods Corporation's Edible Oil Division.

ACH Food Companies Inc., a Memphis, Tenn.-based subsidiary of Associated British Foods plc, has purchased the private label retail bottled oil business of Bunge Foods Corporation's Edible Oil Division. The purchase includes the manufacturing assets relating to the private label retail bottled oil and private label retail pan spray oil businesses, After a brief transition, the assets will be relocated to other ACH facilities. ACH is a leader in private label (store brand) vegetable oils in the United States. This acquisition will enhance the capabilities of ACH's operations and further strengthen its retail private label position. With eight plants across the United States, ACH Food Companies Inc. markets a broad range of products to the retail grocery, foodservice and food processor segments.