Agribusiness, food and ingredients company Bunge Global SA (NYSE:BG) confirmed on Wednesday that it has completed its merger with agriculture network Viterra Limited, creating a global agribusiness solutions company valued at approximately USD34bn, including debt.

The combined entity will operate under the Bunge brand and is positioned to serve global markets for food, feed and fuel.

The merger brings together complementary asset footprints, enabling stronger integration across global supply chains and improved access to key origination and consumption regions. Bunge expects enhanced value chain balance, expanded crop coverage and increased operational flexibility.

Leadership of the combined company includes Bunge CEO Greg Heckman and chief financial officer John Neppl. Viterra CEO David Mattiske joins as co-chief operating officer, alongside Bunge's Julio Garros.

Financial benefits include anticipated network synergies, vertical integration efficiencies and logistics optimisation. The deal is expected to result in more stable cash flows and improved credit and capital structure profiles.

Viterra shareholders received approximately USD6.2bn in Bunge stock and USD2.0bn in cash, while Bunge assumed USD9.8bn in Viterra debt. Viterra shareholders will own 30% of the merged company, increasing to 33% after Bunge's planned USD2.0bn stock repurchase.