Bunge disclosed the value of the CJ Selecta deal during its call with analysts following the company’s Q3 2023 earnings release last week. It is paying out around US$600m to acquire the Brazilian manufacturer and exporter of soy protein concentrate (SPC).
One year on, an independent auditor has found three Brazil based soy suppliers - CJ Selecta, Caramuru and Imcopa/Cervejaria Petrópoli - have accomplished their goal for a deforestation and conversion free supply chain for the entirety of their business,...