Bunge pays $162 million for ViOil's Vinnytsia Oil and Fat Plant

The total valuation of the Vinnytsia Oil and Fat Plant owned by ViOil, which is being acquired by Bunge, amounts to around $162 million following a phased acquisition in 2024–2025, according to Bunge’s quarterly report (for the period ending June 30, 2025) reviewed by Latifundist.com.

In January 2024, Bunge and Varthomio signed a share purchase agreement under which Bunge acquired 15% of ViOil’s shares and obtained an option to purchase the remaining 85% of the oilseed processing company based in western Ukraine.

On June 20, 2025, Bunge exercised the option, purchasing the remaining 85% stake for approximately $138 million (subject to customary adjustments). The transaction is expected to close later in 2025, pending satisfaction of standard closing conditions.

The full valuation of ViOil is estimated at about $162 million, broken down as follows:

• 15% stake — approximately $24 million,
• 85% stake — $138 million,
• 100% of the company — ≈ $162 million.

Varthomio Holdings Limited is registered in Cyprus. One of its directors is Viktor Ponomarchuk, who also serves as director of Eltorne Limited. The latter company owns 100% of the Vinnytsia Oil and Fat Plant through LLC Aktiv-OFP. Bunge received clearance from Ukraine’s Antimonopoly Committee (AMCU) to gain control over Eltorne Limited.

The Vinnytsia crushing plant processes sunflower, rapeseed, and soybeans, producing unrefined oils and meals, with a daily capacity of 80 tonnes of refined deodorized oil and 50 tonnes of packaged products.

Bunge’s acquisition of the plant was first reported on October 2, 2025, following the AMCU announcement.