Who is Viterra owned by?
Viterra, based in Regina, Saskatchewan, was founded through a merger of two companies in Saskatchewan. It was then acquired by Glencore in 2013 and rebranded as Viterra. Gavilon then bought Viterra before the merger announcement with Bunge in June 2023. The takeover of Viterra by Bunge is complete, just over two years since it was first announced and just two weeks after clearing the final approval in China. On Wednesday, Bunge Global SA announced the merger with Viterra Limited officially closed, marking the creation of giant global agribusiness.Viterra’s predecessors were the grain-trading co-operatives set up in Canada during the 1920s known as the wheat pools. It has since acquired the former Australian government-sponsored monopsony marketing board, the Australian Barley Board, created in 1939.GLOBAL grain trader Viterra, a major player in South Australia’s grain supply chain, has officially merged with international agribusiness Bunge, in a deal that creates one of the world’s largest food and agriculture companies.GLOBAL grain trader Viterra, a major player in South Australia’s grain supply chain, has officially merged with international agribusiness Bunge, in a deal that creates one of the world’s largest food and agriculture companies.
Who is the CEO of Viterra?
Viterra Inc. Kyle Jeworski, PRESIDENT & CHIEF EXECUTIVE OFFICER. Kyle Jeworski – Viterra | LinkedIn.
What kind of products does Viterra offer?
We supply a wide range of products including dry peas and beans, lentils, chickpeas, faba beans, black matpe, green mung beans, canary seed and mustard. We have a large network of producers in the main pulse growing regions of Canada, US, Australia, the Black Sea and the Europe. Viterra, formerly known as the Saskatchewan Wheat Pool, is a grain-handling business with dozens of facilities across the country.Grains and pulses Viterra provides quality ingredients to the world’s leading food manufacturers. Viterra can ship various market classes of special crops, including: Dry peas – yellow, green. Dry beans – pinto, navy, black, Great Northern, reds, yellow.Viterra Inc. Western Canada and Australia. The Company has five inter-related business segments including Grain Handling and Marketing, Agri-Products, Food Processing, Feed Products and Financial Services.Viterra is a Proprietary Company that generates the majority of its income from the Cereal Grain Wholesaling industry. In 2024 the company generated total revenue of $4,293,999,000 including sales and other revenue. In 2024 Viterra had 120 employees including employees from all subsidiaries under the company’s control.
Who is buying Viterra?
Today, the Honourable Anita Anand, Minister of Transport and Internal Trade, announced the Government of Canada has approved the acquisition of Viterra Limited by global agri-business Bunge Global SA. As part of the consideration for the proposed transaction, Viterra’s three main shareholders, namely Glencore PLC (Glencore) (through Danelo Limited), the Canada Pension Plan Investment Board (CPP Investments) (through CPPIB Monroe Canada, Inc. British Columbia Investment Management Corporation (BCI) (through .Glencore confirms that all regulatory closing conditions have been satisfied for the merger of Viterra with Bunge and the transaction will close in early July.Bunge Shareholders Approve Viterra Combination Shareholders approved the acquisition of Viterra Limited, including the issuance of 65,611,831 common shares, par value $0. Bunge Limited.Chesterfield-based agriculture giant Bunge Global SA closed its acquisition of Netherlands firm Viterra Ltd.Weil advised the Glencore PLC, CPP Investments and British Columbia Investment Management Corporation, as shareholders of Viterra Limited, in the successful closing of Viterra’s previously announced merger with Bunge Global SA, marking the creation of a premier global agribusiness solutions company for food, feed and .
When did Viterra buy Gavilon?
On October 3, 2022, Viterra Inc. US$1. Gavilon Agriculture Investment, Inc. Viterra’s US and Mexico business is headquartered in Omaha, Nebraska, with strong marketing, facilities, logistics, and processing capabilities, including a large global network of marketing offices in over 30 countries.