Bunge Global SA recently announced an agreement to sell its two sugarcane mills located in the municipalities of Junqueirópolis and Guararapes, in the state of São Paulo, Brazil, to COFCO International. The Rio Vermelho and Nova Unialco mills were formerly owned by Viterra and became part of Bunge upon the close of the business combination in July 2025.
The completion of the transaction is subject to customary closing conditions, including the receipt of the necessary regulatory approvals.
“As Bunge focuses on our strategic priorities and positions the business for long-term growth, this transaction is the right step forward. We are grateful to the sugar mills team for their dedication and contributions to the company,” said Julio Garros, Bunge’s Chief Operating Officer.