Bunge has completed the final grain elevator divestment required under its merger agreement with Viterra, selling its Valparaiso, Sask., facility to Cargill, the Missouri-based company said Friday.
The sale marks the sixth and final facility Bunge committed to divest as part of the Canadian government’s conditions for approving one of the largest agri-business mergers in recent years.
The Valparaiso elevator had been held separate from Bunge’s broader operations since July 2 and managed by an independent hold separate manager, in accordance with federal oversight requirements, Bunge said in the statement.
The divestiture process for all six facilities was monitored by a government-approved third party. Financial details were not disclosed.
Bunge previously announced the sale of five Western Canadian grain elevators on Nov. 7, 2025, fulfilling the bulk of its divestiture obligations to Ottawa. Those facilities were acquired by Canadian-owned companies, including Direct Grain Ltd., which purchased the Dixon, Sask., site, Linear Grain Inc., which acquired the Fannystelle, Man., elevator, and BP & Sons Grain and Storage Inc., which purchased facilities in Beausejour, Tucker and Coulter, Man.
In addition to the mandated sales, Bunge also independently divested its Eyebrow, Sask., elevator to F.W. Cobs, a transaction not required under the federal merger conditions.
The federal government approved the Bunge-Viterra merger in January 2025, citing a series of conditions designed to protect competition in Canada’s grain and oilseed sector.
The Bunge-Viterra transaction officially closed on July 2, 2025, after final regulatory clearance was granted in China in mid-June.
