Winnipeg, MB – Keystone Agricultural Producers (KAP) is responding to the Competition Bureau’s report on Bunge’s proposed acquisition of Viterra that was released today.  

“Today’s report from the Competition Bureau raises the concerns that KAP has shared with the Competition Bureau, as well as other impacted stakeholders involved in this review,” said KAP General Manager, Brenna Mahoney. “We are currently in the process of analyzing the complete report to determine how this data can be used to effectively advocate for the interests of Manitoba producers.”

 

KAP will be working with producers and other stakeholders in Manitoba to determine the full impact of this proposed transaction on their operations and the agri-food value chain as a whole should it be approved, now that this analysis from the Competition Bureau has been released.

 

“We are committed to continue working with our producer and commodity group members, as well as other stakeholders from across the value chain, to determine next steps as we monitor the proposed transaction,” said KAP President, Jill Verwey. “This must begin however with a fulsome review of the detailed report that was released today to provide evidence that would support any actions moving forward.”

 

“Additionally, we recognize that Transport Canada will be providing their public interest assessment in the coming months. We look forward to reviewing that assessment when it becomes available,” concluded Mahoney. 

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For more information:

Colin Hornby

Manager of Communications & Stakeholder Relations

Keystone Agricultural Producers
Email: colin.hornby@kap.ca | Direct: (204) 898-2641