Business

Bunge to sell two Brazilian sugar cane mills

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ST. LOUIS — Bunge Global SA is selling two of its Brazilian sugar cane mills to Chinese state-owned food processing holding company COFCO International.

The mills are located in the Junqueirópolis and Guararapes municipalities within the state of Sao Paulo, Brazil. The mills previously belonged to Canadian grain handling company Viterra Ltd. before Bunge acquired them in July 2025.

“As Bunge focuses on our strategic priorities and positions the business for long-term growth, this transaction is the right step forward,” said Julio Garros, chief operating officer of Bunge. “We are grateful to the sugar mills team for their dedication and contributions to the company.”

Bunge said the sale’s completion is subject to various customary closing conditions, including the receipt of necessary regulatory approvals.

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