Wednesday, April 22, 2020

Bunge is selling 35 U.S. grain elevators

Bunge is selling 35 of its inland grain elevators in the United States to a Japanese company.

Zen-Noh Grain has agreed to “certain supply agreements” with Bunge, said a news release announcing the deal. No financial terms have been disclosed.

Bunge said the deal will Bunge selling 35 U.S. grain elevators
result in a “larger and stronger origination and distribution network.”