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Viterra is a leading marketer and handler of grains, oilseeds, pulses, and cotton and takes great pride in partnering with growers in Canada, the United States and Mexico to connect them to markets in 60 countries.
Through our 49.9% ownership in Viterra, and long-term partnerships with the Canadian Pension Plan Investment Board (CPP Investments) and the British Columbia Investment Management Corporation (BCI), which control 40% and 9.9%, respectively, our world-leading, fully integrated agriculture network connects producers to consumers with sustainable, traceable and quality-controlled agricultural products.
Viterra in Canada in figures
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100+
years of history in Canada
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2M
tonnes of storage capacity
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60
grain elevators
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10
special crop facilities
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6
port terminals
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2
oilseed processing plants
Viterra to merge with Bunge
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Details
The transaction would result in a larger, more diversified business, with significant synergy and re-rating potential. The merger, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals and approval by Bunge shareholders, is expected to close in mid-2024. -
Gary Nagle, CEO, Glencore, commented:
“The merger of Viterra with Bunge is expected to realize significant value for Glencore. Our investment in the agriculture sector dates back over 40 years and has grown from being a small grains trader to being part of a world leading, fully integrated global agriculture network."
Read more
Viterra, The Agriculture Network
Viterra’s North American business is headquartered in Regina, Saskatchewan, with industry-leading marketing, facilities, logistics, and processing capabilities, including a large global network of marketing offices in more than 30 countries.
Viterra's people are grain specialists. They deliver value to growers with their marketing reach, competitive pricing and flexibility, and accountability on execution of contracts.
For more than 100 years, they have earned growers’ business with their expertise and commitment to service that is tailored to the needs of each customer. They provide global market insight, as well as the practical tools growers need, including Viterra risk management products, market research, live pricing, and proprietary technology.