Image Source: Bunge Global

Bunge Global SA announced the successful completion of its merger with Viterra Limited, marking the creation of a leading global agribusiness solutions company serving the food, feed, and fuel sectors. The move consolidates the strengths of two industry giants to build a fully integrated supply chain platform connecting farmers in key production zones with high-demand consumption regions worldwide.

Bunge Chief Executive Officer Greg Heckman described the closing as a milestone moment for both companies and the global agricultural sector. “Today is a defining moment for our company and our global team as we complete this transformative business combination,” said Heckman. “I’m grateful to our colleagues whose energy, collaboration and commitment brought us to this milestone. Together, we’ve formed a stronger organization with enhanced capabilities and expertise to meet the evolving needs of our customers, maximize 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 realize the full potential of this combination.”

The combined enterprise now offers an expanded and more balanced global supply chain footprint, which is expected to enhance agility in increasingly complex and volatile markets. With stronger origination capabilities, access to key crop-producing regions, and a diverse agricultural portfolio across all major commodities, the company is well-positioned to deliver end-to-end solutions in any economic environment. The merger brings together proven leadership teams from both organizations, known for delivering consistent value creation. Operational integration is expected to unlock significant synergies in trading, logistics, and vertical operations, while reducing volatility through a broader, more diversified platform.

Financially, the newly formed company anticipates more stable cash flows and improved credit metrics, driven by a stronger capital structure and cost efficiencies across the expanded global network. These advantages are expected to bolster long-term shareholder returns and operational resilience.

Leadership of the combined entity will remain under Bunge’s current CEO Greg Heckman and CFO John Neppl. Viterra CEO David Mattiske joins Bunge’s executive team as Co-Chief Operating Officer alongside Julio Garros, formerly Bunge’s Co-President of Agribusiness. Together, the co-COOs will lead all commercial activities, including commodity value chains, country and regional operations, renewable fuels, regenerative agriculture strategies, and industrial safety.

The merger process was supported by Bank of America Securities as financial advisor and Latham & Watkins LLP as legal counsel to Bunge.