Deals
How a 205-Year-Old Grain Dynasty Won Activist Victory Over Bunge
- The Fribourgs are the closest to royalty in global agriculture
- Bunge starts strategic review that may lead to company’s sale
Photographer: Vincent Mundy/Bloomberg
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In the world of agribusiness, the Fribourgs are royalty.
Their 205-year-old family business has shaped some of the biggest twists in global food trading, becoming a household name in the 1960s after it led the unprecedented sale of U.S. wheat to the Soviet Union. Now, it’s shaping the business of American farming again, pushing for the shake-up of a storied rival: Bunge Ltd.