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Beatrice Foods Overseas Finance, N.V. - 1978 dated $1,000 7.75% Netherlands Bearer Bond - Food Processing Company

Inv# GB5004   Bond
Country: Netherlands
Years: 1978
Color: Pink and Black

$1,000 Bond. Netherlands. Male & female figure seated on each side of Beatrice logo. Makers of Reddi Whip!!! Rare!!!

Beatrice Foods Co., a prominent American food processing company established in 1894, underwent significant transformations in the 1980s. In 1987, its international food operations were acquired by Reginald Lewis, a prominent corporate attorney, who formed TLC Beatrice International. Subsequently, KKR acquired the majority of Beatrice Foods Co.’s domestic (U.S.) brands and assets, leading to the sale of most of its holdings. By 1990, ConAgra Foods ultimately acquired the remaining operations.

The Beatrice Creamery Co., founded in 1894 by George Everett Haskell and William W. Bosworth, began its journey by leasing the factory of a bankrupt firm of the same name located in Beatrice, Nebraska. Initially, they purchased butter, milk, and eggs from local farmers and graded them for resale. However, they soon took matters into their own hands by separating the butter at their plant, producing their own butter on-site, and packaging and distributing it under their own label. To address the shortage of cream, they established skimming stations where farmers could deliver their milk, allowing them to separate the cream used to make butter. 

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $32.00