![Bunge](https://img.feedandgrain.com/files/base/wattglobalmedia/all/image/2020/09/fg.Bunge.jpg?auto=format%2Ccompress&q=70&w=400)
Bunge Ltd. said on Thursday it had bought a 30% stake in Brazilian company Agrofel Grãos e Insumos, which sells agricultural supplies in the southern state of Rio Grande do Sul, reports Reuters.
According to a Bunge statement, the deal is in line with the company’s strategy to strengthen its capacity to source grains in Brazil.