Thus, a single company with a share capital of almost RON1.3 billion will be created, one of the biggest in Romania agriculture and food industry. All the employees of the two Viterra companies, around 140, will be taken over by Bunge Romania.
The merger is part of a global deal. The global deal between Bunge and Viterra, two farming giants, was valued at $8.2 billion, being one of the largest in agribusiness.
Bunge is the leader of Romania vegetable oil market, with RON2.7 billion turnover in 2024, holding in its portfolio three of the top five oil brands in Romania, Unisol, Floriol and Unirea. Viterra Romania, with RON1.9 billion turnover in 2024, operates in grain and seed train and Viterra Romsiloz, with RON17.1 million turnover in 2024, is active in grain warehousing.
In the wake of the merger, the share capital of Bunge Romania will be raised by RON415.6 million to a total of RON1.29 billion. Also, the company’s shareholder structure will change. Besides the current majority stakeholder, Koninklijke Bunge B.V., Dutch entities AMMIZINC B.V. and RENAISCO B.V., the former owners of Viterra Romania, will also become shareholders.
Thus, Bunge will have a tighter control on the grain market.
(English version by Catalina Apostoiu)