UPL/Bunge to launch Brazilian business Orígeo

摘要

UPL and US agricultural commodities shipping company Bunge (Chesterfield, Missouri) are seeking to launch a joint venture, Orígeo, in Brazil. The company will supply “end-to-end solutions” to farmers in Brazil’s MAPITOBAPA macro-region. Orígeo intends to combine Bunge’s expertise in financing, trading, and logistics with UPL’s agricultural inputs, solutions and services portfolio. The combined business requires clearance from the Brazilian competition authority, the Cade.