Oslo—Yara International ASA has announced that it has closed on the purchase of the bulk of Bunge Ltd.’s Brazilian fertilizer business. Yara says with a capacity of 32 blending units and three production sites, the new combined Yara Brazil is present in all the key agricultural production areas and segments, and is well positioned for continued growth. The transaction is valued at US$750 million. Through a long-term supply agreement with Yara, Bunge will continue to supply fertilizer to farmers in Brazil as part of its grain origination activities. Bunge will also continue to operate its fertilizer terminal in the Port of Santos.
Transparency Across the Fertilizer Value-Chain