Bunge Announces Sale of its North America Corn Milling Business
Bunge Global SA (NYSE:BG) has announced the sale of its North America dry corn and corn masa milling operations to Grain Craft, a leading independent flour miller in the U.S. The transaction encompasses seven facilities across multiple locations including Danville (Illinois), Worthington (Indiana), Crete (Nebraska), Red Oak (Iowa), Muleshoe (Texas), Atchison (Kansas), and Queretaro (Mexico).
The strategic divestment aligns with Bunge's focus on core business areas more closely tied to their global value chains. The deal's completion remains subject to regulatory approval and customary closing conditions.
Bunge Global SA (NYSE:BG) ha annunciato la vendita delle sue attività di macinazione di mais secco e mais masa in Nord America a Grain Craft, uno dei principali mugnai indipendenti negli Stati Uniti. L'operazione coinvolge sette stabilimenti situati in diverse località, tra cui Danville (Illinois), Worthington (Indiana), Crete (Nebraska), Red Oak (Iowa), Muleshoe (Texas), Atchison (Kansas) e Queretaro (Messico).
La cessione strategica è in linea con l'obiettivo di Bunge di concentrarsi sulle aree di business principali maggiormente integrate con le loro catene del valore globali. Il completamento dell'accordo è soggetto all'approvazione regolamentare e alle condizioni consuete di chiusura.
Bunge Global SA (NYSE:BG) ha anunciado la venta de sus operaciones de molienda de maíz seco y masa de maíz en Norteamérica a Grain Craft, un importante molino de harina independiente en Estados Unidos. La transacción incluye siete instalaciones ubicadas en diversos lugares, como Danville (Illinois), Worthington (Indiana), Crete (Nebraska), Red Oak (Iowa), Muleshoe (Texas), Atchison (Kansas) y Querétaro (México).
La desinversión estratégica está alineada con el enfoque de Bunge en sus áreas de negocio principales, más vinculadas a sus cadenas de valor globales. La finalización del acuerdo está sujeta a la aprobación regulatoria y a las condiciones habituales de cierre.
Bunge Global SA (NYSE:BG)는 미국 내 주요 독립 밀가루 제분업체인 Grain Craft에 북미 지역 건조 옥수수 및 옥수수 마사 제분 사업을 매각한다고 발표했습니다. 이번 거래에는 일리노이주 Danville, 인디애나주 Worthington, 네브래스카주 Crete, 아이오와주 Red Oak, 텍사스주 Muleshoe, 캔자스주 Atchison, 멕시코 Queretaro 등 7곳의 시설이 포함됩니다.
이번 전략적 매각은 Bunge가 글로벌 가치 사슬과 더욱 밀접하게 연관된 핵심 사업에 집중하기 위한 조치입니다. 거래 완료는 규제 승인과 일반적인 마감 조건 충족 여부에 따라 결정됩니다.
Bunge Global SA (NYSE:BG) a annoncé la vente de ses activités de mouture de maïs sec et de masa en Amérique du Nord à Grain Craft, un important meunier indépendant aux États-Unis. La transaction concerne sept sites situés dans plusieurs régions, notamment Danville (Illinois), Worthington (Indiana), Crete (Nebraska), Red Oak (Iowa), Muleshoe (Texas), Atchison (Kansas) et Queretaro (Mexique).
Cette cession stratégique s’inscrit dans l’orientation de Bunge vers ses activités principales, plus étroitement liées à leurs chaînes de valeur mondiales. La finalisation de l’accord est soumise à l’approbation réglementaire et aux conditions habituelles de clôture.
Bunge Global SA (NYSE:BG) hat den Verkauf seiner nordamerikanischen Trockenmais- und Mais-Masa-Mahlbetriebe an Grain Craft, einen führenden unabhängigen Mehlmüller in den USA, bekannt gegeben. Die Transaktion umfasst sieben Anlagen an verschiedenen Standorten, darunter Danville (Illinois), Worthington (Indiana), Crete (Nebraska), Red Oak (Iowa), Muleshoe (Texas), Atchison (Kansas) und Queretaro (Mexiko).
Der strategische Verkauf entspricht Bunges Fokus auf Kernbereiche, die enger mit ihren globalen Wertschöpfungsketten verbunden sind. Der Abschluss des Geschäfts steht unter dem Vorbehalt behördlicher Genehmigungen und üblicher Abschlussbedingungen.
- Strategic alignment with core business focus
- Potential to streamline operations and improve resource allocation
- Reduction in regional market presence
- Loss of revenue stream from North American corn milling operations
Bunge’s Co-President, Agribusiness, Julio Garros commented, “We carefully considered how this regional business fits with our long-term plans and made the strategic decision to focus on other areas of our core business that are more strongly connected to our global value chains. We are grateful for the hard work and dedication of our milling team and their commitment to running the business safely, and efficiently while delivering high-quality products to our customers.”
The completion of the sale is subject to regulatory approval and customary closing conditions.
About Bunge
At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. With more than two centuries of experience, unmatched global scale and deeply rooted relationships, we work to strengthen global food security, increase sustainability where we operate, and help communities prosper. As a world leader in the processing of oilseeds and the production and supply of specialty vegetable oils and fats, we value our partnerships with farmers to bring quality products from where they’re grown to where they’re consumed. At the same time, we collaborate with our customers to develop tailored and innovative solutions to meet evolving dietary needs and trends in every part of the world. Our Company has its registered office in
Website Information
We routinely post important information for investors on our website, www.bunge.com, in the "Investors" section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250415107976/en/
Media Contact:
Bunge News Bureau
Bunge
636-292-3022
news@bunge.com
Investor Contact:
Ruth Ann Wisener
Bunge
636-292-3014
Ruthann.wisener@bunge.com
Source: Bunge Global SA
FAQ
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