Bunge North America, the North American operating arm of Bunge announced that it has completed the previously announced purchase of the wheat milling business of Grupo Altex S.A. de C.V.
A leading Mexican wheat miller, Grupo Altex operates six mills with an annual processing capacity of approximately 800 thousand metric tons. It produces a broad portfolio of products from many varieties of wheat including bread flour, prepared flours for baked goods, tortillas and pizza and semolina for pasta. These mills are well placed to serve Mexico’s key population centers and will complement Bunge’s existing wheat milling business, Harinera La Espiga, to provide nationwide coverage to key flour customers.
