Bho edible oils have become a hot item in the US as consumers have found ways to use the oil for cooking.
The product, manufactured by Bho Food Products, is produced by the company’s Australian arm.
The Australian Government has confirmed that Bho’s Australian subsidiary has entered into a $2 billion deal with Australia’s Commonwealth Foods, which makes Australian-made edible oils.
Bho edible products are made by BH Cosmetics in the UK.
The Australian Federal Government announced on Thursday that it will buy the company for $1.8 billion.
The company is owned by Australian-based BH Foods.
It is understood that the Australian Government will be buying the Australian-owned BH Food Products as part of a $1 billion Commonwealth Foods investment in Australian companies.
The Government’s decision comes after the Australian Federal Police (AFP) warned that there were potential security risks associated with using the edible oils and that there was “a risk that the products could fall into the wrong hands”.
A spokesman for the AFP said the AFP was aware of the threat but had not received any information to suggest the oils posed a security risk.BH Cosmetic is owned in Australia by Australia’s National Farmers Federation, which is based in the country.
A spokesperson for the federation said the company had not been made aware of any security issues.”BH is currently undergoing an external audit and we will be updating this update as we have progressed,” he said.
“We have an internal security program and are aware of that and have taken steps to secure the product supply chain.”BH Foods has said it has secured the supply of the oils in question.
In a statement, the company said the Australian and Commonwealth Food authorities had “not given us any information about the specific products”.
“We would like to stress that we have been making BH edible oils in Australia for a number of years and are proud to have established the company as a leader in this field,” it said.
“We are currently in discussions with the Australian Food Standards Agency (AFCSA) regarding the supply and distribution of BH Australian edible oils.”