Tuesday, 24. November 2020
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Bunge Limited: agrees to sell California rice mill

St. Louis / MO. (bl) Bunge Limited, a leader in agriculture, food and ingredients, announced that it has agreed to sell its rice mill in Woodland, California to Farmers’ Rice Cooperative. The completion of the sale is subject to customary closing conditions and is expected to be finalized by the end of 2020. «As part of our portfolio review, we determined that this mill has limited connections to Bunge’s broader value chains,» said Greg Heckman, Bunge’s Chief Executive Officer. «We will work closely with the new owners to make the transition as smooth as possible for employees and customers.»