Bunge completes merger with Viterra to form global agribusiness giant

Bunge Global SA announced today that it has completed its merger with Viterra Limited, creating a global powerhouse in food, feed and fuels. The agreement brings together two companies with complementary structures and strengthens their ability to operate across all stages of the agricultural supply chain.

Bunge CEO Greg Heckman said the merger marks a turning point for the company. He said the integration of teams and operations will allow it to better meet the demands of increasingly complex markets and deliver more value to customers and shareholders.

The new company combines origination in strategic agricultural regions with access to key growth consumer markets. Geographic and crop diversification expands the company's global reach. The integrated structure promises greater cash flow stability, logistics gains and commercial synergies.

The "leaders" of Bunge and Viterra remain in charge. Heckman remains as CEO. John Neppl remains as CFO. David Mattiske, former CEO of Viterra, takes over as co-chief operating officer alongside Julio Garros, former co-president of Bunge.