Bestfoods - BFO- Profile

Bestfoods (formerly known as CPC International, Inc.) is a major international food company with a global marketplace in more than 60 countries on five continents. The company's products are manufactured from various raw materials including soyabean and other vegetable oils, peanuts, corn and wheat. The brand names include Hellman's, Best Foods, Knorr, Mueller's, Mazola, Entenmann's, Orowweat and Maizena. The company acquired Case-Swayne Co. Inc., dressing business of Molinos de la Plata based in Argentina, Globus dressings business in Hungary, Captain Cook packages salt business in India, Thomas Morel Foods Ltd. in the United Kingdom and Glaxose-D an energy drink business in Pakistan in 1999 and Arisco Produtos Alimenticios in 2000. International sales to Canada, Europe, Latin America and Asia accounted for 58% for 1999 revenues.