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Global agribusiness giant Bunge Global has completed its $8.4 billion merger with Canadian grain handler Viterra, nearly two years after first announcing the deal.
The merger is expected to create one of the world’s largest integrated agribusiness companies serving the food, feed and fuel sectors.
The combined company brings together complementary assets across major agricultural regions, enabling stronger links between production areas and key global markets. It is expected to benefit from broader crop coverage, expanded origination networks and increased operational scale.
The merger is expected to deliver cost and logistics efficiencies, improved trading flexibility and more stable cash flows from a larger, diversified footprint. According to Bunge, the strengthened financial profile should enhance its capital structure and reduce financing costs.
Greg Heckman, Bunge’s CEO, said: “Today is a defining moment for our company and our global team as we complete this transformative business combination. I’m grateful to our colleagues whose energy, collaboration and commitment brought us to this milestone."
"Together, we’ve formed a stronger organisation with enhanced capabilities and expertise to meet the evolving needs of our customers, maximise value for our stakeholders and fulfill our shared purpose to connect farmers to consumers to deliver food, feed and fuel to the world. Now, we begin the exciting work of bringing our teams and operations together, uniting our strengths to realise the full potential of this combination.”
Earlier this week, Bunge also completed the sale of its North America dry corn and corn masa milling business. Financial details of this transaction were not disclosed.