REGINA, SASKATCHEWAN, CANADA — Viterra, Inc. is considering possible ventures or acquisitions in the U.S., Bloomberg reported on April 14.
Kyle Jeworski, Viterra’s chief executive officer, told the news agency that from an acquisition standpoint, a focus is the U.S. He didn’t provide further details, Bloomberg said.
Glencore, the biggest publicly listed commodity trader, purchased Viterra in 2012. Analysts have said that Glencore may focus on grain ventures instead of expansion in metals.
Viterra is in the process of building new facilities and improving existing grain elevators. It is spending more than $80.1 million on a port in Vancouver, British Columbia, Canada.