Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Bunge Limited is an American agribusiness and food company, incorporated in Bermuda, and headquartered in St. Louis, Missouri, United States. As well as being an international soybean exporter, it is also involved in food processing, grain trading, and fertilizer. It competes with Cargill and Archer Daniels Midland.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
458
Assets(RF), mln.USD
173
Capital(RF), mln.USD
137
Glob.Revenue, mln.USD
59152
Investments, mln.USD
130
Staff(RF), 2021
889

Bunge Ltd. sold its sunflower-crushing plant in Russia, marking the biggest oilseed processor’s exit from the country in response to the invasion of Ukraine. Bunge sold LLC "BUNGE CIS" (IN 7743084941). The sale took place in 2022, but the transaction finally ended on February 13, 2023. Agricultural baron Vanetsyan became the new owner.

The Company Statement
September 19, 2022

Suspended any new export business from Russia. Continued to operate its oil seed crush plant in Russia. "Agricultural commodities trader Bunge Ltd said on Monday, September 19, 2022 it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. Bunge Ltd. sold its sunflower-crushing plant in Russia, marking the biggest oilseed processor’s exit from the country in response to the invasion of Ukraine."

February 10, 2023Bunge completed the deal for the sale of business in Russia
September 19, 2022Bunge to sell oilseed processing business in Russia
June 29, 2022Bunge denies plans to scale back in Russia, sell Russian subsidiary
March 10, 2022Bunge says new export business from Russia suspended, oilseed crushing continues
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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