Cofco buys two sugar mills from Bunge in Brazil.

THE Cofco International closed a deal for buy two sugar mills from the Bunge node Brazil, reported Chinese company in a statement this Tuesday (1st). The operation involves the units Red River and New UnialcoThe industrial plants are located in the interior of São Paulo state – in the cities of Junqueirópolis (SP) and Guararapes (SP), respectively. The value of the transaction for the plants has not yet been disclosed. In a statement to CNN BrazilBunge stated that the sale is aligned with strategy of focusing efforts on other company priorities and prepare the business for the long-term growth"As Bunge maintains its focus on its strategic priorities and positions the business for long-term growth, this transaction represents the right step for us to move forward," he stated. Julio Garros, Bunge Chief Operating OfficerPreviously, both plants belonged to Viterra and became part of Bunge's portfolio starting from July 2025.

This text was translated by machine from Brazilian Portuguese.