date:Dec 24, 2013
Bunge North America, a unit of food processing firm Bunge, has purchased the wheat milling business of Grupo Altex in Mexico for an undisclosed amount.
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. It operates six mills that process 800,000 tons of products per year.
As part of the transaction, Bunge acquired Grupo Altex's product brands and its innovation center.
In October, Bunge