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Bunge and his first fiftieth anniversary in Brazil (1905–1955): The construction of an economic group

Author

Listed:
  • Armando Dalla Costa

    (Federal University of Paraná, Avenida Pref. Lothário Meissner, 632, Jardim Botânico, CEP 80210-170 Curitiba, PR, Brazil)

  • Gustavo Pereira da Silva

    (Federal University of Paraná, Avenida Pref. Lothário Meissner, 632, Jardim Botânico, CEP 80210-170 Curitiba, PR, Brazil)

Abstract

This article studies the growth of the multinational Bunge in Brazil from 1905 until its fiftieth anniversary in 1955. The key question is how Bunge, in an economy of incipient industrialization, became an economic group. Initial investments in wheat milling—which spread to various other sectors—made this possible. Primary data from the Bunge Memory Center in Sao Paulo served as the main source of company data. We show Bunge's growth and transformation into an economic group as it bought competitors, increased the capacity of its mills, diversified products, and formed part of communities through its Foundation's activities. Bunge innovated by launching new merchandize. Its leaders were pioneers in several business areas, who occupied the country and reinvested the capital in new companies. KEY Classification-JEL: L1. L22. L25

Suggested Citation

  • Armando Dalla Costa & Gustavo Pereira da Silva, 2018. "Bunge and his first fiftieth anniversary in Brazil (1905–1955): The construction of an economic group," Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 14(03), pages 199-209.
    • Handle: RePEc:ahe:invest:v:14:y:2018:i:03:p:199-209
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    Keywords

    Bunge Group. Bunge & Born. Santista. Sanbra;

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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