Gavilon has been officially rebranded as Viterra across its business in the United States and Mexico, following Viterra Ltd.’s purchase of the grains origination and storage and food ingredients business of Gavilon Agriculture Investment Inc. in 2022.
Viterra’s intent to acquire the assets of Gavilon, a wholly owned US-based subsidiary of Marubeni America Corp., was first announced in January 2022. The transaction closed on Oct. 3 for $1.125 billion, plus working capital and subject to other price adjustments.
Viterra, based in Rotterdam, Netherlands, is the crop trading business spun out of Glencore in November 2020. Viterra has more than 17,500 employees operating in 37 countries.