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Valentina R., lawyer
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
(1) This notification relates to a concentration pursuant to Article 4 of Council Regulation (EC) 139/2004 by which Bunge Global SA (“Bunge”) will acquire sole control within the meaning of Article 3(1)(b) of Council Regulation (EC) 139/2004 over Viterra Limited (“Viterra”), by way of a purchase of all shares in Viterra.
(2) Bunge is an agribusiness company listed on the New York Stock Exchange and headquartered in St. Louis, Missouri. Bunge is mainly active in the sale of oilseed meals and oils as well as other vegetable oils. Bunge also sells grains, including corn, wheat, barley and milled products, such as wheat flour, as well as unprocessed oilseeds and other products like sugar.
(3) Viterra is an agribusiness company that is headquartered in Rotterdam, the Netherlands. Viterra is currently owned by Glencore, CPP Investments, BCI, and the VEBT. Viterra focuses on the purchase and sale of unprocessed commodity crops, in particular grains and oilseeds. Viterra also sells other unprocessed products like cotton and sugar, as well as milled products (e.g., wheat flour) and oilseed-based products (e.g., meal and oil).
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