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Bunge to Acquire Viterra Grain Trading and Agribusiness Enterprise

06/20/2023

Bunge will acquire the Viterra subsidiary of Glencore, a Swiss-based multinational.  The transaction is valued at $18 billion with Bunge assuming $9.8 billion of Viterra debt. The CEO of Bunge, Greg Heckman, stated, "the combination of Bunge and Viterra significantly accelerates our strategy, building on the fundamental purpose to connect farmers to consumers to deliver essential food, feed and fuel to the World".  The transaction will be subject to federal antitrust review.