date:Oct 25, 2013
Bunge North America, a unit of food processing firm Bunge, is set to acquire wheat milling business of Grupo Altex in Mexico.
Grupo Altex produces a wide range of products from wheat including, bread flour, prepared flours for baked goods, tortillas and pizza and semolina for pasta. The company operates six mills with an annual processing capacity of approximately 800,000t.
The acquisition also includes Grupo Altex's product brands and its innovation center. It will complement Bunge's existin