Is Viterra owned by Bunge?
Chesterfield-based agriculture giant Bunge Global SA closed its acquisition of Netherlands firm Viterra Ltd. 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.Bunge and Viterra Complete Merger to Create Premier Global Agribusiness Solutions Company.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.According to a media release, Bunge’s CEO Greg Heckman stated that the merger creates a more robust organization with enhanced capabilities and expertise. As part of the new structure, former Viterra CEO David Mattiske now serves as co-chief operating officer on Bunge’s executive leadership team.
Who is the new owner of Viterra?
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. 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, 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.
What is Viterra known for?
As an ag industry leader, we maintain high standards to supply sustainable, traceable, and quality-controlled agricultural products. Viterra is a leading marketer and handler of grains and oilseeds. We take great pride in partnering with farmers in the US and Mexico to connect them to grain markets across the globe. The terms of the merger announced in 2023 includes Viterra shareholders receiving about 65. Bunge stock valued at around $6. As part of the deal, Bunge will assume $9. Viterra debt.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.Bloomberg’s Michael Hirtzer reported that “Bunge Global SA completed its takeover of Glencore Plc-backed Viterra, a move that will help the combined businesses better compete with larger rivals like Cargill Inc. Archer-Daniels-Midland Co.
Who is the CEO of Viterra?
Viterra Inc. Kyle Jeworski, PRESIDENT & CHIEF EXECUTIVE OFFICER. Kyle Jeworski – Viterra | LinkedIn.
How many people work for Viterra?
Our diverse and talented workforce of more than 18,000 people have extensive experience in global agricultural supply chains. We connect growers to consumers to deliver essential and sustainable food, feed and fuel to the world. Covering the supply chain, we originate, store, handle, transport and market a range of agriculture commodities including grains, oilseeds, pulses and cotton.
Is Viterra owned by Glencore?
Following its $6. Glencore International, on 1 January 2013, Viterra was merged with Glencore purchaser, 8115222 Canada Inc. Rotterdam, the Netherlands. Viterra’s top competitors include farmer connect, Vosbor, and Bioenterprise Canada.