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Bunge Global SA is leasing out its North American corn processing business to Grain Craft to strengthen global supply chains.
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Bunge Global SA is leasing out its North American corn processing business to Grain Craft to strengthen global supply chains.

Bunge Global SA is leasing its North American corn and flour processing business to Grain Craft company. The deal is aimed at optimizing the portfolio and strengthening Bunge's positions in key sectors. The transfer of production assets will take place in several cities in the US and Mexico.

23 April 2025 23 April 2025

Corporation Bunge Global SA has finalized agreements to lease out its North American dry corn milling and corn flour business to Grain Craft, one of the largest independent flour producers in the United States. This deal is an integral part of Bunge's strategic asset review and aims to strengthen the company's global value chains by closer collaboration with assets related to its core activities.

This deal involves transferring a number of Bunge's production facilities in the United States and Mexico, giving it greater significance both locally and internationally.

Geographical Location and Scale of Operations

This deal includes the transfer of Bunge facilities in the following cities:

  • Danville, Illinois;
  • Worthington, Indiana;
  • Critt, Nebraska;
  • Red Oak, Iowa;
  • Muleshoe, Texas;
  • Atchison, Kansas;
  • Queretaro, Mexico.

These assets are key players in the North American dry corn milling and corn flour processing market.

Plans and Development Strategy

According to a statement by Julio Garros, co-chair of agribusiness at Bunge, a strategic step has been taken towards assets that better align with the company's global development strategy. Selling assets owned by Grain Craft will allow Bunge to optimize its portfolio and strengthen its positions in key sectors important to the company.

The completion of this deal is expected after obtaining the necessary approvals from regulatory bodies and fulfilling standard closing conditions.

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