Hypermarcas to sell brands to BG, Quimica Amparo Ltd.

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Hypermarcas SA, the maker of more than 190 consumer products, agreed to sell some brands to Bunge Ltd. (BG) and Quimica Amparo Ltda. for as much as 305 million reais ($169.6 million).

The Salsaretti, Puropure and Etti food brand were sold to U.S.-based Bunge for 180 million reais, the Sao Paulo-based company said today in a statement to Brazil’s securities regulator.

In a separate statement, Hypermarcas said it sold its Perfex, Cross Hatch and the Assolan cleaning brand to Quimica Amparo for as much as 125 million reais.

The deal with Bunge is expected to close by Dec. 30.